January 8th, Jinshi data, Reuters Bank: The ISM service data and the U.S. job vacancy and labor turnover survey released on Tuesday were better than expected, leading to an adjustment in expectations for the next interest rate cut by the Federal Reserve. The May rate cut now seems like selling coins, and many believe that the Fed may want to wait until June to announce the next rate cut.
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Reuters: The Fed's rate cut in May is like selling a coin now
January 8th, Jinshi data, Reuters Bank: The ISM service data and the U.S. job vacancy and labor turnover survey released on Tuesday were better than expected, leading to an adjustment in expectations for the next interest rate cut by the Federal Reserve. The May rate cut now seems like selling coins, and many believe that the Fed may want to wait until June to announce the next rate cut.