TechFlow, November 25 — Chris Weston, Head of Research at Pepperstone, said, "Markets are highly focused on the stance of each voting member of the Federal Reserve and their views on a rate cut in December. This is reasonable, given that neither the market nor the Fed has received the full set of data that typically influences policy decisions. Perhaps the biggest unknown is Chairman Powell’s own view, but overall, one could assume he would vote in favor of a December rate cut." So far, the sudden shift in rate-cut bets has had limited impact on the dollar. Fed officials remain divided on the next potential move, as the central bank still lacks complete data. Weston said, "Holding rates steady in December would be a disconnect, given the fragility in the labor market and declining short- and long-term U.S. inflation expectations, and the market may react poorly." (Jinshi)
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
