At a critical moment, major news has come from the Federal Reserve.



On the eve of the December FOMC meeting, Kevin Hassett, a leading candidate for the next Federal Reserve Chair and Director of the White House National Economic Council, suddenly released an important policy signal. In his latest interview, he stated that the Federal Reserve should continue to lower interest rates.

According to the schedule, the Federal Reserve will hold its meeting on Tuesday and Wednesday, and will announce its decision on Wednesday ( 3:00 a.m. Beijing time on Thursday ). Currently, the market generally believes that due to the recent weakness in U.S. employment data, the Federal Reserve is very likely to cut rates by another 25 basis points. According to CME "FedWatch," as of press time, the probability of a 25 basis point rate cut in December has risen to 89.6%.

Meanwhile, several Wall Street institutions, including JPMorgan and Morgan Stanley, have rushed to release reports, all believing that the Federal Reserve will further cut rates at this meeting, changing their previous forecast of a "pause" in rate cuts. #美联储降息预测
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