HodlKumamon
#美联储重启降息步伐 The market has been guessing for a month, and now the probability of a rate cut has been slashed in half.
The latest data shows that the likelihood of a Fed rate cut in December has plunged from 95% to 65%—all because of Powell's comment that "there's no need to rush." Right after he said that, the 2-year US Treasury yield soared in a single day, marking the biggest jump in months. Investors instantly panicked, and what seemed like a sure bet for a rate cut is now in total doubt.
The truth is, Powell is under ridiculous pressure. On one hand, inflation data is coming down but still
View OriginalThe latest data shows that the likelihood of a Fed rate cut in December has plunged from 95% to 65%—all because of Powell's comment that "there's no need to rush." Right after he said that, the 2-year US Treasury yield soared in a single day, marking the biggest jump in months. Investors instantly panicked, and what seemed like a sure bet for a rate cut is now in total doubt.
The truth is, Powell is under ridiculous pressure. On one hand, inflation data is coming down but still
