This Week's Macro Outlook: CPI Data Release Expected to Further Confirm the Fed's Interest Rate Cut Cycle

BlockBeats News, December 13th: Despite the Federal Reserve's interest rate cut as scheduled this week and the release of a more dovish signal than expected, the reality challenge faced by the artificial intelligence field has led to a complex and divergent trend in the U.S. stock and bond markets. This week, long-term U.S. Treasury yields rose across the board, with the 10-year U.S. Treasury yield rising by about 5 basis points during the "Fed Rate Cut Week." The macro outlook for this week is as follows:

Monday 22:30: Federal Reserve Governor Milan delivers a speech;

Monday 23:30: FOMC Permanent Voter and New York Fed President Williams speaks on the economic outlook;

Thursday 01:30: 2027 FOMC Voter and Atlanta Fed President Bostic speaks on the economic outlook;

Thursday 21:30: U.S. November Unadjusted CPI YoY/Core CPI YoY, U.S. November Adjusted CPI MoM/Core CPI MoM;

Thursday 21:30: U.S. Initial Jobless Claims for the week ending December 13th;

Friday 23:00: U.S. December University of Michigan Consumer Sentiment Final, U.S. December One-Year Inflation Rate Expectation Final.

This week's U.S. CPI data release will be a key turning point for the U.S. dollar. If the CPI data is below expectations (the latest data is 3%, still above the Fed's 2% target), it will further confirm the rationale behind the Fed's interest rate cuts, and the U.S. dollar may face further downward pressure; otherwise, it may reverse this trend.