吴说本周宏观指标与分析：美国 9 月 PCE、11 月 ADP

Core Insights - The Federal Reserve's Beige Book indicates minimal changes in the U.S. economy, with weakened labor demand and moderate price pressures [1][2] - The European Central Bank's October meeting minutes reflect a consensus of "not rushing to cut interest rates," suggesting a wait-and-see approach [1][2] Economic Indicators - The U.S. Producer Price Index (PPI) for September shows a year-on-year increase of 2.7%, matching expectations and up from a previous value of 2.6% [2] - Initial jobless claims in the U.S. for the week ending November 22 were reported at 216,000, below the expected 225,000, with the previous value revised from 220,000 to 222,000 [2] Upcoming Events & Indicators - Key upcoming events include a speech by Federal Reserve Chairman Jerome Powell on December 1, the release of the November ADP employment figures on December 3, and the September core PCE price index on December 5 [3]