Macro Daily: risk appetite cooled on the eve of the Fed’s interest rate meeting

Macro important news and events:

The US Senate passed a bill to raise the debt ceiling by $2.5 trillion and sent it to the house of representatives for a vote. The bill aims to extend the U.S. government’s borrowing authority until early 2023.

Us producer prices (PPI) recorded a year-on-year increase of nearly 10% in November, which may indicate that inflationary pressure will continue to be high next year.

President of Shenzhen housing Research Association: the mortgage interest rate policy will be carried out in a positive and prudent state, and there can be no major loosening. In the future, there can be no major adjustment of interest rate, and there can be no major fluctuations in the market.

According to the national development and Reform Commission on December 14, the recently issued notice of the Ministry of industry and information technology of the national development and Reform Commission on the implementation plan of invigorating industrial economic operation and promoting high-quality industrial development proposes to promote the implementation and effectiveness of major projects and release the consumption potential in key areas

 

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