PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Progress
40% Bias Score
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Progress
44% Bias Score
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
Progress
44% Bias Score
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Progress
40% Bias Score
Major Economic Data Releases to Shape Global Markets Dec. 9-13
The week of December 9-13 brings crucial economic data releases from major countries, including inflation rates, economic output, trade balances, and labor market figures, providing insights into global economic health and monetary policy.
Major Economic Data Releases to Shape Global Markets Dec. 9-13
The week of December 9-13 brings crucial economic data releases from major countries, including inflation rates, economic output, trade balances, and labor market figures, providing insights into global economic health and monetary policy.
Progress
0% Bias Score