PANews reported on November 13 that according to Jinshi, traders have increased their bets on the Federal Reserve's interest rate cut in December. Traders are now pricing in about 75% chance of a rate cut by the Federal Reserve in December, compared to 60% before the release of US inflation data.
The U.S. unadjusted CPI annual rate in October was 2.6%, in line with market expectations, a three-month high, and ending a six-day losing streak.