海外宏观周报：美鹰日鸽，美元新高

Economic Policies - The Federal Reserve lowered interest rates by 25 basis points but revised the expected rate cuts for 2025 down to two[1] - The US GDP for Q3 was revised up from 2.8% to 3.1%, with private consumption growing at 3.7%[5] - The November PCE inflation rate was 2.4%, below the expected 2.5%[30] Global Market Trends - Global stock markets mostly declined, with the S&P 500, Dow Jones, and Nasdaq down 2.0%, 2.3%, and 1.8% respectively[39] - The 10-year US Treasury yield rose by 12 basis points to 4.52%, reaching a six-month high[42] - Brent and WTI crude oil prices fell by 2.1% and 2.6%, closing at $72.9 and $69.5 per barrel respectively[43] Inflation and Consumer Spending - The November retail sales in the US increased by 0.7%, driven mainly by automotive and e-commerce sales[15] - The personal savings rate in the US dropped to 4.4%[8] - The November core PCE price index remained at 2.8%, below the expected 2.9%[30] Employment Data - The latest initial jobless claims in the US fell to 220,000, below the expected 230,000[17] - The continuing claims decreased by 5,000 to 1.874 million[17] European Economic Indicators - Eurozone's November HICP final value was 2.2%, slightly below expectations[36] - The December manufacturing PMI in the Eurozone remained low at 45.2, while the services PMI unexpectedly rose to 51.4[36]