Founder Securities: The market expects the Federal Reserve not to cut interest rates in January, with the earliest rate cut in June

According to ChainCatcher, citing a report from Golden Ten Data, Founder Securities stated in its research report that the December non-farm payroll data was mixed. The overall U.S. job market is on a moderate downward trend, but the marginal improvement in the unemployment rate gives the Federal Reserve more reason to remain on hold in January. The market is pricing in no rate cut by the Federal Reserve in January, with the earliest possible rate cut expected in June. As the Supreme Court may declare IEEPA tariffs unconstitutional, economic expectations may marginally improve, inflationary pressures are weakening, and U.S. Treasury bonds face short-term headwinds, while U.S. stocks benefit from the boom in AI and reduced tariff disruptions.