Markets are focused on the Federal Reserve meeting minutes, which has increased uncertainty about the direction of interest rates.
Federal Reserve's October policy meeting minutes will be released early Thursday morning 东八区 next week, increasing investor uncertainty about the path of U.S. interest rates. Last month, the Fed lowered the benchmark interest rate to the 3.75% - 4% range, but Powell's statement that "further rate cuts by the end of the year are not a foregone conclusion" reshaped market expectations. Boston Fed President Collins questioned the rate cut next month, emphasizing that "the threshold for implementing additional easing in the near term is relatively high." Data gaps will become the main obstacle for the Fed's decision-making. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Faces Delicate Balancing Act: Weighing Inflation Concerns Against Labor Market Challenges in December Decision
- The Fed faces a December meeting split over rate cuts, with dissenters like Lorie Logan opposing action due to high inflation and Christopher Waller advocating easing to address labor market weakness. - Logan argues current policy balances inflation control with gradual labor market adjustments, warning against premature cuts without clear progress toward 2% inflation. - Waller supports a 25-basis-point cut, citing deteriorating hiring trends, while facing resistance from officials demanding stricter cri
Luminar is in conflict with its largest client while facing the risk of bankruptcy
Cisco purchases language translation startup EzDubs
