Analysts: Data omissions may hinder the Fed's rate cut path in December

Jin10 data reported on October 30th that Inflation Insights analyst Omair Sharif believes that the U.S. government shutdown and the lack of relevant official economic data may hinder the Fed's plan for a third consecutive rate cut in December. If there is no official data reflecting October and November economic activity at the meeting on December 10th, will the officials feel comfortable cutting rates again? They may find it difficult to reach a consensus on another rate cut, especially considering the internal divisions shown in the September dot plot of the FOMC.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)