DALY: US economy is performing well, but inf remains a problem.

Most-active lithium carbonate futures rose 4.00% intraday to 92,660 yuan/ton.

Chicago Fed President Goolsbee said US inflation is at a "dangerous moment" after October CPI surprised to the upside, marking a second consecutive monthly increase. He had expected inflation to ease as tariff effects faded and oil fell, but that has not yet occurred. Goolsbee flagged persistent price pressure in services and healthcare that he says is unrelated to tariffs or oil. The Fed is trying to separate supply-side shocks (tariffs, prolonged high oil) from demand-side overheating tied to large-scale data-center construction. AI-related inflation remains concentrated in AI, tech and related sectors and has not yet broadened; the Fed is monitoring for spread. He warned that if data-center driven demand overheating starts to affect the wider economy it would become a problem. Proposals by newly elected Democratic governors to pause data-center builds are not directly connected to the Fed's inflation work.