Market Anticipates December Rate Cut by Federal Reserve

According to PANews, Tianfeng Securities has released a research report highlighting strong market expectations for an interest rate cut. Following the release of the U.S. non-farm payroll data for November earlier this week, the probability of a 25 basis point rate cut by the Federal Reserve in December surged to 86%. This has further increased the anticipation of a rate cut within the year. Subsequently, the U.S. Consumer Price Index (CPI) data for November met market expectations, pushing the likelihood of a December rate cut by the Federal Reserve to nearly 100%. Additionally, the market has intensified its bets on a potential rate cut by the Federal Reserve in January of the following year. This heightened anticipation reflects the market's response to recent economic indicators and the prevailing sentiment towards monetary policy adjustments.