Strategist: Fed meeting notes will confirm December rate cut is far from DingTalk
2025-11-19 17:59:05
Matthew Ryan, strategist at Ebury, said, We expect the Fed's October policy meeting notes to confirm that a December rate cut is far from on-board DingTalk, especially given continued concerns about U.S. inflation. The futures market is currently pricing in a probability of a rate cut next month below 50%, but we believe that given the incomplete picture of overall economic conditions, even a particularly weak non-farm payroll report on Thursday may not significantly change the current situation.
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