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The good news last night was that the CPI of the United States increased by 2.7% year-on-year in November, which was indeed in line with market expectations.The certainty of the US interest rate cut has increased, and our three major indexes continue to climb along the five-day line.

The release of this data had a significant impact on the market, and traders increased their bets on the Fed's interest rate cut in December. According to the statistics of the FedWatch tool of CME of Chicago Mercantile Exchange, after the release of CPI, the futures market thinks that the probability of the Fed cutting interest rates by 25 basis points next week is as high as 95%, which is higher than 89% a day ago.The good news last night was that the CPI of the United States increased by 2.7% year-on-year in November, which was indeed in line with market expectations.

The release of this data had a significant impact on the market, and traders increased their bets on the Fed's interest rate cut in December. According to the statistics of the FedWatch tool of CME of Chicago Mercantile Exchange, after the release of CPI, the futures market thinks that the probability of the Fed cutting interest rates by 25 basis points next week is as high as 95%, which is higher than 89% a day ago.The good news last night was that the CPI of the United States increased by 2.7% year-on-year in November, which was indeed in line with market expectations.