深夜大涨！美联储，降息大消息！

Core Viewpoint - The article discusses the recent economic indicators in the U.S., highlighting the Consumer Price Index (CPI) and unemployment claims, which suggest a high probability of an interest rate cut by the Federal Reserve next week [1][8]. Economic Indicators - The U.S. CPI for August increased by 2.9% year-on-year, the highest since January, and rose by 0.4% month-on-month, exceeding the expected 0.3% [7]. - Core CPI, excluding volatile food and energy prices, rose by 0.3% month-on-month and 3.1% year-on-year, both in line with market expectations [7]. - The largest contributor to the CPI increase was housing costs, which rose by 0.4%, accounting for about one-third of the index's weight [7]. - Weekly initial jobless claims unexpectedly increased to 263,000, surpassing the Dow Jones forecast of 235,000, indicating a weakening labor market [7]. Market Reactions - Following the CPI release, U.S. stock indices rose, with the Dow Jones up by 0.82%, S&P 500 up by 0.45%, and Nasdaq up by 0.36% [2][3]. - Chinese concept stocks also saw significant gains, with Alibaba rising nearly 5% and NIO over 4% [6]. Federal Reserve Expectations - Market expectations are leaning towards a 25 basis point rate cut by the Federal Reserve on September 17, with some analysts suggesting a possibility of a 50 basis point cut due to the weak employment data [9][10]. - The CME FedWatch tool indicates that traders widely anticipate a 25 basis point cut, with increasing probabilities for a larger cut [10]. - Analysts believe that the Fed may implement more rate cuts than previously expected, with the labor market's weakness overshadowing inflation risks [10].