Many members of the Federal Reserve next year suggest that they are not in a hurry to raise interest rates again, and there is no shortage of “hawkish doves”

The chairman of the Atlanta Federal Reserve and the Chairman of the Cleveland Federal Reserve both supported immobility in December. The latter is a hawkish official in the traditional sense of the word. Another senior official, the chairman of the Richmond Federal Reserve, believes that the stubborn risk of inflation means that the option of raising interest rates in the future should be retained. At the same time, he said that the market expects the Fed to cut interest rates four times next year. That may be based on expectations of a soft landing, and he also hopes that the market is right.

wallstreetcn06:18 ET

US stocks closed | The S&PNA index turned down at the end of the session, Pinduoduo's market value briefly surpassed Ali, and fell by more than 11% after the B performance

The US GDP in the third quarter rose to the fastest in the past two years. The Federal Reserve's Beige Book confirmed that the economy and prices were slowing simultaneously. The speeches of many Fed officials deepened the market's expectations for a soft landing in the economy and interest rate cuts in the first half of next year. The NASDAQ rose 1% in the intraday period, and the US stock index hovered around a four-month high, and November will welcome its biggest increase in a year. Before Cybertruck was delivered, Tesla fell 1%, chip stocks rose, the China Commodity Index fell more than 1%, Station B fell 11%, and Meituan ADR fell 6.7%.

wallstreetcn06:08 ET

Express News | Fed's Beige: Economic Activity Slowed Since Previous Report

Moomoo 24/702:06 ET