For the Federal Reserve's interest rate cuts, one of the most important factors is the level of inflation.

Powell's decision to cut rates by 50 basis points in September not only broke new ground, but also indicated that inflation was essentially controlled at 2%, which was considered a manageable range. However, what we have sensed since then is that inflation in the United States seems to be rekindling.

It has to be said that it might be as if the heavens are playing a joke on the United States.

Natural disasters, worker strikes, and so on. Factors that can affect the U.S. economy and employment situation have all conveniently come together.

The U.S. released September CPI data that still exceeded expectations and came in at 2.4%, above the 2% threshold. Core CPI rose by 3.3% year-on-year, which was also more than expected.

Looking at the current trend, the U.S. inflation situation is gradually moving away from the 2% target that Powell has always hoped to control.

Persistently high inflation constrains the Federal Reserve's future rate cuts. Moreover, the United States is currently experiencing a once-in-a-century hurricane impact, which is another huge shock to the labor market.

To put it simply, the current U.S. inflation is difficult to control. Subsequent rate cuts of 50 basis points are basically hopeless, and it is more likely to be 25 basis points.There are numerous causes of inflation, and the United States is currently experiencing both natural disasters and man-made calamities.

As previously mentioned, hurricanes are one of the factors. Although Florida has initiated the largest evacuation since Hurricane Irma in 2017, the impact of natural disasters is hard to estimate.

Hurricane "Milton" has begun to ravage Florida, resulting in at least 16 deaths. This is the second hurricane to hit the United States in just half a month.

It is imaginable that the hurricane has brought the Florida area to a near-paralyzed state. Not only are workers unable to go to work, but many employment scenarios are also closed.

Moreover, the United States has a large number of people working part-time or on a casual basis, with full-time positions being core and essential. Any slight disturbance can lead to unemployment.

Starting from September, the United States has experienced a "sea, land, and air" triple strike of strikes.

Among them, the closest to us is the port strike, which has a very wide range of impact. Especially for goods entering the port, there is a delay, and the strike by workers will also lead to an increase in product prices.

Recently, Boeing has announced that tens of thousands of employees will take a temporary leave, which is another blow to the already weak manufacturing industry. All of these are the triggers for inflation in the United States.Inflation has had the most significant impact on key industries in the United States, such as food, retail, and automobiles, leaving a trail of devastation in its wake. It can be said that wherever it goes, it leaves nothing untouched. Of course, all of this is man-made.

Perhaps the resurgence of inflation that even ordinary people can feel is still considered controllable by Wall Street. They believe that the pace of interest rate cuts may slow down, but the downward trend of inflation has not changed.

How can a state that is constantly facing economic shocks effectively control inflation? Is the United States planning to use some means to make the whole world pay?

The U.S. labor market is becoming increasingly complex, and its impact on the U.S. economy is a heavy blow. The uneven U.S. data now reflects an uneven United States.