The market expects the Federal Reserve to cut interest rates by 25 basis points next week.
Jinse Finance reported that the market currently expects a 92% probability that the Federal Reserve will make a small rate cut of 25 basis points at the upcoming meeting, while the likelihood of an aggressive 50 basis point cut is only 8%. XS.com Senior Market Analyst Rania Gule stated that although the inflation data was not particularly surprising, a weakening labor market may provide the Federal Reserve with more room to maneuver. If negative signals persist in the coming weeks, the Fed may lean toward bolder actions. However, Gule added that the Fed's current stance remains highly cautious and is more likely to make minor adjustments while leaving room for further easing in subsequent meetings. (Golden Ten Data)
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