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Analyst: The CPI report, which is largely in line with expectations, has further slightly strengthened the expectation of a rate cut in December

Analyst: The CPI report, which is largely in line with expectations, has further slightly strengthened the expectation of a rate cut in December

Bitget2024/12/11 13:37
BTC-2.30%

Bitget news, analyst Michael: The CPI report, which is largely in line with expectations, has further slightly consolidated the expectation of a rate cut in December. Interest rate swaps show that the current pricing for a December rate cut is 22 basis points, up from 20 basis points previously, so it's almost certain that next week's rate cut will be priced at 25 basis points.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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