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交易员在CPI报告公布后削减对美联储2024年降息押注

Traders cut bets on the Fed's 2024 interest rate cut after the CPI report was released

Moomoo 24/7 ·  Dec 12, 2023 10:00
After the published inflation data was generally in line with expectations, traders lowered their expectations for the Fed to drastically relax monetary policy next year. Exchange traders currently expect the Fed to cut interest rates by about 108 basis points in 2024, which is slightly lower than the level before the data was released. The yield on 2-year treasury bonds once fell 8 basis points to 4.63% after the data was released. “The overall year-on-year increase in CPI has cooled, but the core inflation rate is still as high as double the Fed's 2% target,” said Phillip Neuhart, head of market and economic research at First Citizens Bank Wealth Management. The Fed will not be willing to lower interest rates until the core inflation rate falls further”. (Global Market Report)
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