Could December rate-hike odds surge? One CPI report could make global markets pick sides again!

Will the Fed raise rates in December? The answer may lie in the November 10 CPI report.
U.S. jobs data have been strong, and expectations for a December rate hike have already risen significantly. Now October inflation data are due, and if CPI comes in above expectations again, traders are likely to increase their bets on a rate hike.
But there’s one key point: market bets don’t mean the Fed has made up its mind.
The Fed is more focused on whether inflation can sustainably return to around its 2% target than on whether any single month’s data look good or bad. Core inflation, service prices and housing costs are the figures to watch most closely.
If inflation picks up again, BTC could come under pressure, U.S. stock valuations could be squeezed, and gold could also face a stronger dollar.
If inflation cools significantly, risk assets could get a chance to catch their breath.
Put simply, this CPI report is more than just a scorecard on prices—it’s an important clue for the market as it gauges the Fed’s next move.
The December rate decision is still unknown, but the market has already started handing in its answers early. #每周来晒 and #美国10月CPI即将公布 $SNDK