At a critical moment, the Federal Reserve sends a heavy signal.
On the eve of the quiet period of the December Federal Reserve interest rate meeting, multiple Fed officials spoke out intensively, triggering market attention. Among them, the hawkish senior official and director of the Federal Reserve, Baumann, stated in his latest speech that he tends to cautiously cut interest rates. Progress in inflation seems to have stalled, and inflation remains the Fed's top priority task; Cleveland Fed President Beth Hamack also believes that the Fed is close to or has reached a point where it can slow down the pace of interest rate cuts.
According to the agenda, the Federal Reserve will hold its interest rate meeting from December 17th to 18th local time. Prior to this meeting, the Federal Reserve will receive November CPI data from the United States next Wednesday. Analysts point out that the performance of this data may ultimately determine the decisions of the Federal Reserve's December meeting and the path of long-term neutral interest rates.
Currently, Wall Street analysts unanimously believe that next week's inflation data may have a greater impact on the Federal Reserve as the labor market stabilizes. Fitch Ratings warns in its latest report that inflation risks in the United States are rising due to consumer resilience and upcoming tariff hikes.
[align center] Federal Reserve officials speak out intensively