TD Securities: The upcoming CPI may be a higher threshold for the Fed to suspend its interest rate cut plan at the next meeting
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2024-12-07 21:32 9,969
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Golden Finance reported that Molly McGown, U.S. interest rate strategist at TD Securities, said that after the employment data is released, the upcoming CPI will become a "higher threshold" for the Federal Reserve to suspend its interest rate cut plan at the next meeting. TD Securities expects the Fed to pause interest rate cuts early next year as policymakers review Trump's fiscal policy after he takes office in January. Molly McGown added: "We know from Powell that once he knows what the actual policy is, he will start to integrate it into the policy framework," (Golden Ten)