As mentioned earlier, this CPI report is likely the basis for whether the Federal Reserve will raise interest rates in December. In simpler terms, as long as the CPI data is higher than expected and higher than the previous value, the probability of the Federal Reserve raising interest rates will increase.

😂 Although it was almost 100% before the data was released.

The CPI data turned out to be as I expected, showing an increase, with both the broad CPI and core CPI exceeding market prediction data, indicating that the impact of inflation surpassed market estimates, and the probability of the Federal Reserve raising interest rates continues to rise.

Although it did not exceed the previous value, it was still above expectations, which is not an ideal situation.

A @Gate, trading more markets

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