The United States will release November CPI data at 21:30 tonight, and market expectations are gradually rising

Tonight at 21:30 (UTC+8), the United States will release the quarterly adjusted CPI annual rate for the end of November, which is expected to record 2.7%, higher than the previous value of 2.6%. According to CME FedWatch data, the probability of the Federal Reserve keeping current interest rates unchanged until December is 11.1%, and the probability of cutting interest rates by 25 basis points is 88.9%. This month's non farm payroll data reveals a slowing trend in the labor market. If tonight's upcoming CPI data also fails to meet expectations, the probability of the Federal Reserve cutting interest rates in December will continue to increase.