Ernst & Young economists: Postponing the Fed meeting by a week seems to be the more ideal option.

The Federal Reserve will hold its next meeting on December 9-10, a time coinciding with the release of two key economic data releases. According to the U.S. Department of Labor, the November non-farm payrolls report will be released on December 16 (October's non-farm payrolls data was canceled due to the government shutdown, and some data has been incorporated into the November report), while the November CPI data is scheduled for release on December 18. These two reports relate to the labor market and inflation levels, respectively, and are precisely the indicators the Fed focuses on most. Therefore, a question has quietly arisen in the market: if the Fed insists its data-driven approach, should it consider postponing the December meeting until it receives the complete, delayed data? EY economist Gregory Daco stated that it is extremely rare for the Fed to adjust its meeting date, but given that the new employment and inflation data release dates are only one week away from the original Fed meeting, postponing the meeting by one week seems like a more ideal option. Logan Mohtashami, chief analyst at HousingWire, also believes the Federal Reserve should postpone its meeting next month until December 16, after receiving the report. (Jinshi)