Organization: U.S. CPI data may trigger fluctuations in currency and treasury bonds

On December 11, Tickmill analyst Joseph Dahrieh stated in a report that the US November CPI data will be released later. It could provide important information for the policy outlook of the Federal Reserve and may trigger short-term fluctuations in currency and bond markets. The overall inflation rate is expected to rise from 2.6% in October to 2.7%. However, he said that stronger than expected data might delay the Fed's interest rate cut plan, which could continue the recent upward trend of the dollar; while lower than expected inflation data could reinforce expectations of a 25 basis point rate cut in December, putting downward pressure on the dollar. In addition, he said that recent U.S. Treasury yields have stabilized but may also react strongly to inflation data releases.