US CPI Preview: Price Pressures Slightly Eased, No Need to Rush Pricing
Jinse Finance reported that, according to the American financial website investinglive: Due to the previous government shutdown causing obstacles in data collection for October, the U.S. Bureau of Labor Statistics may choose not to release the month-on-month data for November CPI, and instead focus more on the year-on-year data. Alternatively, they may only provide the subcategory indices for November, allowing market participants to calculate changes based on September data as the benchmark, given the absence of October data. Overall, the inflation situation should continue to show a slight easing of price pressures. Unless there is a major unexpected development in inflation, we can still expect the market to react more moderately on a broader scale. This is especially true considering that the next interest rate cut by the Federal Reserve will not occur until June next year. There is no need to rush pricing based on questionable data, as there are still several months before everything becomes clear. (Golden Ten Data)
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