BlockBeats News, December 18th. The U.S. Department of Labor will release the U.S. November Non-Seasonally Adjusted CPI YoY Rate (with a forecast value of 3.1%), the U.S. Initial Jobless Claims for the week ending December 13th (in thousands), and the U.S. November Non-Seasonally Adjusted Core CPI YoY Rate at 21:30 Beijing time.Federal Reserve Chairman Powell stated in a speech on December 11th that the labor market appears to be gradually cooling off, with inflation still somewhat elevated. The inflation risk is biased to the upside. Labor demand has significantly slowed, vitality has weakened, and there is some softness.Goldman Sachs analyst Kay Haigh said that the Fed has reached the end point of "insurance rate cuts." She believes: "The next responsibility is that labor market data must weaken further to prove that additional recent easing policy is justified."