Tianfeng Securities: Market expectations for the Federal Reserve to cut interest rates in December are close to 100%, and they are increasing their bets on an interest rate cut in January next year.
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2024-12-15 23:03 4,621
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Golden Finance reported that Tianfeng Securities released a research report stating that the market has strong expectations for an interest rate cut. At the beginning of this week, after the release of U.S. non-farm employment data in November, the market’s expectations for the Federal Reserve to cut interest rates by 25 basis points in December rose to 86%, and further interest rate cuts are expected during the year. Subsequently, the U.S. CPI data in November was in line with market expectations. The market's expectation for the Federal Reserve to cut interest rates in December was close to 100%. At the same time, the market also increased its bets on the Federal Reserve's interest rate cut in January next year.