Lower-than-expected U.S. CPI data in November triggers expectations for Fed rate cuts
The overall and core CPI of the United States in November were lower than expected, and the "upset" inflation data pushed the market's bets on the Federal Reserve's interest rate cut in 2026. Analysts believe the data supports the Fed's dovish view. Despite the missing data and noise, the overall trend may prompt the Fed to adjust monetary policy. U.S. Treasury Bond rose, stock index futures fluctuated, and the market paid great attention to the future path of interest rates.