Amid the gap in economic indicators caused by the US government shutdown, Powell's speeches and the FOMC meeting minutes are serving as the market's compass.
The delay in the release of September employment statistics has increased current market uncertainty. Investors are currently pricing in a 90% probability of a 25 basis point rate cut at the Federal Reserve(Fed) policy meeting on October 29, which is also aligned with recent soft signals from the labor market.
What complicates the current situation is the tension between weak employment data and inflation expectations. While private emplo
View OriginalThe delay in the release of September employment statistics has increased current market uncertainty. Investors are currently pricing in a 90% probability of a 25 basis point rate cut at the Federal Reserve(Fed) policy meeting on October 29, which is also aligned with recent soft signals from the labor market.
What complicates the current situation is the tension between weak employment data and inflation expectations. While private emplo