What will be the pace of interest rate cuts in November when the US sees a rebound in non farm payrolls but an increase in unemployment? The latest perspective from the institution has arrived
王俊杰2017
发表于 2024-12-8 10:38:09
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On Friday (December 6th), before the US stock market opened, the employment situation report released by the Bureau of Labor Statistics showed that the non farm payroll rebounded significantly in November, stronger than market expectations, and the unemployment rate rose to 4.2% as scheduled. Guosheng Macro, CITIC Securities, China Merchants Macro, and others have all announced that they expect the Federal Reserve to cut interest rates in December.
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