value of different cryptocurrencies, Overview

2024-12-13 11:50:37

-Last night, the consumer price index (CPI) released by the United States in November rose by 0.3% month-on-month, and the market expectation was 0.3%, up by 2.7% year-on-year, and the market expectation was 2.7%, both up by 0.1 percentage point from October. This data opened the door for the Federal Reserve to cut interest rates by 25 basis points in December.-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight.

However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight.-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight.