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Analysis: Initial data requests to prove that the employment market is weak, and the Federal Reserve's bet on interest rate cuts continues to increase

Source: PANews
PANews September 11th news, according to Jinshi, on Thursday, the U.S. government report showed that the number of initial unemployment claims jumped to a high in the past four years. The short-term interest rate futures market continued to increase its bet on the Federal Reserve's interest rate cut, from expected to cut at least twice at the end of this year, to betting on a four-time interest rate cut in September to January next year, to full pricing, and three times this year, that is, the Federal Reserve will cut interest rates at the rest of this year. However, the CPI rise in August was stronger than expected, which could prevent the Fed from starting a sharp cut of interest rates. The probability of the Fed's 50 basis points cut in September rose slightly to 10.9% from 8% before the announcement.
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