TD Securities: The upcoming CPI may be a higher threshold for the Federal Reserve to pause its rate cut plans

ChainCatcher message, TD Securities U.S. interest rate strategist Molly McGown stated that after the employment data is released, the upcoming CPI will become a "higher threshold" for the Federal Reserve to pause its rate cut plans at the next meeting. TD Securities expects the Federal Reserve to pause rate cuts early next year, as policymakers will assess Trump's fiscal policy after he takes office in January.

Molly McGown added, "We learned from Powell that once he knows what the actual policy is, he will start to incorporate it into the policy framework."