The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?

The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.

Golden10 DataDec 11 22:14

The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars

The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, with Meta, Amazon, and Netflix all reaching new highs. Nvidia rose more than 3%, and Broadcom rose nearly 7%. At one point, ultra-microcomputers fell more than 8%. The decline narrowed, and Fanduo turned up more than 11%. The US CPI for November is betting on cutting interest rates next week. Interest rate cuts may be suspended in January next year. US dollar and US bond yields will rebound in V shape, and spot gold will be the highest in five weeks. The yen dived below 152, and the offshore renminbi once fell more than 300 points to 7.29 yuan. After the Bank of Canada cut interest rates sharply, Canadian dollar and Canadian bond yields turned up, and oil prices rose by about 2%.

wallstreetcn11minutes ago

ETF industry welcomed record growth: capital inflows broke trillions of dollars for the first time, and the asset size exceeded 10 times

The Trade Fund Industry has seen record growth this year, with total Inflow exceeding 1 trillion dollars for the first time.

Zhitong Finance06:00

Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.

As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.

Zhitong Finance06:00

VOO ETF Gains 0.8%

Dow Jones05:36

Wall Street interprets the CPI: no change to the Fed's "gradual easing," core inflation remains strong supporting the pause in interest rate cuts in January.

Analysis suggests that the CPI, which meets expectations, demonstrates that the cooling of inflation has basically stagnated in recent months. While this is not enough to disrupt the year-end bull market in U.S. stocks, it also means that an interest rate cut next week is not guaranteed, especially with the potential inflation upward risks brought by Trump's tariffs and fiscal expansion next year drawing attention. The yield on 10-year U.S. Treasuries first fell and then rose.

wallstreetcn04:00