BlockBeats News, December 18 — The U.S. Department of Labor will release the November unadjusted CPI year-over-year rate (forecast 3.1%), initial jobless claims for the week ending December 13 (in ten thousand), and the November unadjusted core CPI year-over-year rate at 21:30 Beijing time. Federal Reserve Chair Jerome Powell stated in a speech on December 11 that the labor market appears to be gradually cooling, with inflation still somewhat elevated. The inflation risk leans upward. Labor demand has noticeably slowed, vitality has weakened, and there is slight softening. Goldman Sachs analyst Kay Haigh said that the Fed has reached the “preemptive rate cut” endpoint. She believes, “The next responsibility is for labor market data to further weaken to justify additional recent easing policies.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
