Barclays: Expects the Federal Reserve to cut rates by 25 basis points in December, with internal disagreements
According to ChainCatcher, citing Jinse Finance, Barclays economists stated in a report that there is a very high probability that the Federal Reserve will cut interest rates by 25 basis points at the December 9-10 meeting, with market pricing indicating a probability of over 80% for a rate cut. They expect Powell to support this rate cut, but there may be strong internal disagreements, with at least two hawkish dissenting votes from Schmid and Musalem. Barclays also pointed out that the statement and the chairman's press conference will be slightly hawkish, suggesting a possible pause in January unless labor market conditions deteriorate more than expected.
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
USDT officially recognized as a "fiat-pegged token" by Abu Dhabi regulator
Data: 186.33 BTC transferred from an anonymous address, worth approximately $16.8 million
