Ali Jaffery: The Federal Reserve's decision to pause interest rate hikes in December depends on insufficient data
According to Jin Shi reports, Ali Jaffery, a capital markets analyst at the Canadian Imperial Bank of Commerce, stated when assessing the U.S. non-farm payroll data for September that the Federal Reserve's decision to pause interest rate hikes in December largely depends on insufficient data, which may delay policy decisions until next year in order to act after obtaining complete data. He believes this is a wiser choice, especially in the context of legal challenges to tariffs.
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