The U.S. market has seen complicated trends after the Federal Reserve cut interest rates, and CPI data has become the key to the U.S. dollar

Although the Federal Reserve cut interest rates this week and issued dovish signals, the U.S. stock and bond markets have experienced complicated trends. Next week, the Labor Department will release nonfarm payrolls, consumer inflation and retail sales data, providing insight into the health of the economy.
The key points that the market will pay attention to include: at 21:30 on Monday, the US New York Fed manufacturing index in December; at 21:30 on Tuesday, the US unemployment rate and non-farm employment data in November; on Thursday at 21:30, the US CPI data in November. CPI data will become a key turning point in the trend of the US dollar. Lower than expected may confirm the rationality of the interest rate cut cycle, and the US dollar may face downward pressure.