I wrote in the previous article "1213: Inflation accelerates and falls, "It is mentioned that the data in November, whether it is month-on-month, year-on-year, or year-on-year data of core CPI, are all lower than expected, which means that the high inflationary pressure faced by the United States has been confirmed to have eased.
From the perspective of subdivision projects, the main drivers of inflation, such as gasoline and used cars, have all dropped sharply.The volatile food price increased by 0.5% in November, slightly lower than the previous value of 0.6%; Energy prices fell by 1.6% month-on-month, reversing the 1.8% increase last month, among which gasoline prices fell by 2.0% month-on-month, which was lower than the previous increase of 4%.
Interestingly, although US stocks closed higher overnight and gold and silver also closed positive, the overall increase was not as expected, especially the US stocks showed a trend of opening higher and going lower, suggesting that the market is still very worried about the eagle at the Fed's interest rate meeting in December.
Nick Timiraos, a reporter from the Wall Street Journal who is known as the "New Federal Reserve News Agency", believes that before this week's FOMC meeting, Fed officials strongly hinted that they intended to raise interest rates by 50 basis points this week, which would raise the federal funds rate to 4.25%-4.5%, a 15-year high. Tuesday's inflation figures are likely to fuel heated discussions among officials over whether to further reduce the rate hike to 25 basis points at their next meeting early next year.
As shown in the above figure, after the Federal Reserve's interest rate meeting in November, the price of gold closed down slightly on that day, but then there was a trend upward trend. I predicts that after the Fed's interest rate meeting in December, the script of gold will go in reverse, that is, the price of gold will close up slightly on that day, but then there will be a trend correction.
Don't forget the previous article "1212: The central bank super week strikes, and the US dollar welcomes the change week! "I once told you-
"Coincidentally, the changing window of the US dollar index happens to be this week."
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