TaoMing Securities: The upcoming CPI may be a higher threshold for the Federal Reserve to pause its rate cut plan at the next meeting
On December 7, Molly McGown, US interest rate strategist at TD Securities, stated that after the release of employment data, the upcoming CPI will become a "higher threshold" for the Federal Reserve to pause its rate cut plan at the next meeting. TD Securities predicts that the Federal Reserve will pause rate cuts in early next year as policymakers will assess Trump's fiscal policy after he takes office in January. Molly McGown added: "We learned from Powell that once he knows what the actual policy is, he will start incorporating it into his policy framework."
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.
You may also like

Data: Bitcoin is at a key support level; falling below the 365-day moving average may trigger a deep correction
ENSO to be listed on Bitget PoolX; lock BTC or ENSO to unlock 57,000 ENSO
Trending news
MoreCrypto prices
More








