Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BOCOMI Expects US Fed to Maintain Relatively Steady Rate Cut Pace in 1H25
Recommend 6 Positive 5 Negative 4 |
||||
|
||||
|
Although the US non-farm payrolls rebounded sharply in November, the market chose to turn a blind eye to the rebound, mainly due to the mixed data. Institution-surveyed sectoral nonfarm payroll additions rebounded quickly and slightly beat market consensus, BOCOMI released a research report saying. However, the household survey data continued to weaken, with higher unemployment rate and lower employment participation rate. Considering the US Fed's current more balanced assessment of employment and inflation risks, the broker expected the Fed to maintain a relatively steady rate cut pace in 1H25, and may gradually slow down its rate cuts in 2H25 when the policy interest rate is closer to the neutral rate of interest space. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
