INFO:

Ahead of Wednesday's November CPI reading - the last major piece of the puzzle for U.S. policymakers ahead of the FOMC next week - Lydia Boussour, Senior Economist at EY-Parthenon, offers her outlook for rate cuts this month and through 2025. It is a period, she says, which could be made much more difficult to read if Donald Trump goes ahead with a threat to impose tariffs on trading partners China, Mexico and Canada.