Standard Chartered believes the Federal Reserve will cut interest rates in December: non-farm payroll data is likely to be very weak
2025-11-19 12:53:47
Despite sharp divisions among Fed policymakers ahead of the December meeting, Standard Chartered said it was unlikely to prevent further rate cuts and warned that expected weakness in the labour market would continue to dominate the direction of monetary policy. Steve Englander, head of global G10 FX research and North American macro strategy at Standard Chartered, said in a recent note: "We maintain that the FOMC will cut rates in December, largely because we believe the September-November jobs data is likely to be very weak, which should be enough to push the Fed centrist into the rate-cutting camp."
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
渣打坚信美联储12月降息：非农数据很可能非常疲软Next article：
金色晚报 | 11月19日晚间重要动态一览
