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Agency: U.S. CPI data may push U.S. dollar and U.S. bond yields higher
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2024-12-11 19:32 2,482
Golden Finance reported that Elias Haddad, an analyst at Brown Brothers Harriman, said in a report that if the inflation data released later is higher than expected, the dollar and U.S. Treasury yields may rise further. As a result, expectations for U.S. interest rate cuts may further weaken. The senior market strategist said: "We believe there is room for further adjustment in U.S. interest rate expectations, which will be beneficial to the dollar and U.S. Treasury yields." According to the "Wall Street Journal" survey forecast, the overall CPI annual rate in November is expected to be 2.7%, while The previous October reading was 2.6%.
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