At 21:30 Beijing time on Thursday, the Bureau of Economic Analysis (BEA) of the US Department of Commerce released the Personal Consumer Expenditures Price Index (PCE), which is known as the "most favored" index by the Federal Reserve. The expected results, which are basically in line with expectations, continue to drive the Federal Reserve's expectation of interest rate cuts in the first half of next year and also pose a positive impact on the capital market.