Abstract: Tonight marks the release of the U.S. November CPI data, which can be aptly described as the ‘last significant U.S. economic indicator of 2024’. It is not an exaggeration to say that this data will carry substantial weight.
As the Federal Reserve is set to convene its December interest rate meeting next week, tonight’s CPI is expected to serve as a crucial basis for the Fed’s decision on whether to lower interest rates or not…
