Next Week's Macro Outlook: Non-Farm Payrolls and CPI Double Whammy Approaching, Is the Dollar "Life or Death Line" Already Bright Red? AI summarizes that after the Federal Reserve's rate cut, the market is focusing on the release of employment, inflation, and retail sales data to analyze future economic trends. Next week's CPI data will be a key factor in dollar fluctuations and could influence the Fed's rate cut policy. PANews reported on December 13 that although the Fed cut interest rates as scheduled this week and released dovish signals beyond expectations, the real-world challenges faced by the AI sector have led to a complex and divergent trend in the US stock and bond markets. The US Department of Labor's reports on non-farm employment, consumer inflation, and retail sales will be released next week, potentially providing deeper insights into economic health. Here are the key points the market will focus on in the coming week:

- Monday 21:30: US December New York Federal Reserve Manufacturing Index
- Monday 22:30: Fed Governor Mester's speech
- Monday 23:30: FOMC permanent voter and New York Fed President Williams on economic outlook
- Tuesday 21:30: US November Unemployment Rate, US November Non-Farm Payrolls (seasonally adjusted), US October Retail Sales MoM
- Wednesday 22:05: FOMC permanent voter and New York Fed President Williams to deliver opening remarks at the 2025 Foreign Exchange Market Structure Conference hosted by the New York Fed
- Thursday 01:30: 2027 FOMC voter and Atlanta Fed President Bostic on economic outlook
- Thursday 21:30: US November Unadjusted CPI YoY/Core CPI YoY, US November Seasonally Adjusted CPI MoM/Core CPI MoM; US initial jobless claims for the week ending December 13; US December Philadelphia Fed Manufacturing Index

Next week's US CPI data release will be a key turning point for dollar movement. If the CPI data falls below expectations (the latest figure is 3%, still above the Fed's 2% target), it will further confirm the reasonableness of the Fed's rate cut cycle, and the dollar may face further downside pressure; otherwise, the trend could reverse. #美联储降息