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TaoMing Securities: The upcoming CPI may be a higher threshold for the Federal Reserve to pause its rate cut plan at the next meeting

TaoMing Securities: The upcoming CPI may be a higher threshold for the Federal Reserve to pause its rate cut plan at the next meeting

Bitget2024/12/07 14:43

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."

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