It's too early to rush to conclusions based only on the current situation.
Mr. Powell is aiming to set the interest rate at around 4.2%, which will result in a 0.5% rate cut by the end of the year.
In that case, when it deviates from the established path, there are patterns such as ① increase in unemployment rate, ② stable unemployment rate with increasing inflation rate. It is important not to fall into scenario ①.
To determine this, it is still necessary to look at the data from October to November before coming to any conclusions, so let's not rush.
Take it easy, take it easy 🧑🦲 Take a break, take a break 🧑🦲
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ぴるさん OP : Also, there is a temporary increase in the yield of 10-year US Treasury bonds, which is due to the expectation of long-term economic recovery due to the decline in interest rates, so don't worry about it.