TechFlow news, December 11 — Elias Haddad, an analyst at Brown Brothers Harriman, said in a report that if inflation data released later comes in higher than expected, the dollar and U.S. Treasury yields could rise further. As a result, expectations for U.S. rate cuts may weaken further.
The market strategist stated: "We believe there is room for further adjustment in U.S. rate expectations, favoring the dollar and U.S. Treasury yields." According to a Wall Street Journal survey forecast, November's overall CPI annual rate is expected at 2.7%, up from 2.6% in October. (Jinshi)
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