On September 5, analyst Chris Anstey stated that the market has fully anticipated that the Fed will cut interest rates two weeks later before the non-farm report is released. To make traders abandon this expectation, an extremely impressive employment growth data may be needed, along with a high CPI report. And this employment report may have already made the interest rate cut a foregone conclusion, even if the upcoming CPI shows a rise in inflation. ( Jin10 )
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Analysts: Even if inflation data worsens, it will be difficult to prevent the Fed from cutting interest rates in September.
On September 5, analyst Chris Anstey stated that the market has fully anticipated that the Fed will cut interest rates two weeks later before the non-farm report is released. To make traders abandon this expectation, an extremely impressive employment growth data may be needed, along with a high CPI report. And this employment report may have already made the interest rate cut a foregone conclusion, even if the upcoming CPI shows a rise in inflation. ( Jin10 )