On November 14, the U.S. Department of Labor released October U.S. CPI (Consumer Price Index) data.。Data show that, affected by the decline in energy prices, the United States in October CPI rose 3.2%, compared with 3 in September.The 7% level has slowed significantly, while falling below market expectations of 3.3% level。Ring growth reduced to 0.0%, also lower than expected and previous values。Some institutions are beginning to predict when the Fed will cut interest rates.。UBS Investment Bank's latest forecast is that the Fed will cut interest rates as early as March and by 275 basis points for the whole of next year.。The agency believes that while the U.S. economy has shown resilience this year, the risks that exist this year will come next year.。U.S. measures against inflation and rising unemployment will affect economic output next year, and the U.S. is expected to fall into recession in the second quarter of next year。