Tianfeng Securities: The market's expectation for the Federal Reserve to cut interest rates in December is close to 100%, while increasing bets on a rate cut in January next year

ChainCatcher news, according to Jinshi reports, Tianfeng Securities released a research report indicating that the market has strong expectations for interest rate cuts. At the beginning of the week, after the release of the U.S. non-farm employment data for November, the market's expectation for a 25 basis point rate cut by the Federal Reserve in December rose to 86%, further increasing the expectations for rate cuts within the year.

Subsequently, the U.S. CPI data for November met market expectations, bringing the market's anticipation for a rate cut by the Federal Reserve in December close to 100%. At the same time, the market also increased its bets on a rate cut by the Federal Reserve in January next year.