#BTC重回关键位置后走势 #加密市场反弹
Despite November’s failure to make progress in taming inflation, federal funds futures indicate an almost 100% chance that Fed policymakers will cut their benchmark rate by another quarter point. The justification for a rate cut will likely depend on Fed officials’ desire to align their benchmark rate with current economic conditions, as inflation has retreated sharply from its 2022 peak and a previously tight labor market is normalizing. But don’t be surprised if a rate cut next week is accompanied by Powell’s forward guidance suggesting the Fed will seek to pause rate cuts at the beginning of the year. Not only does the Fed have inflation to keep in check in the final stretch, but a host of fiscal policy outcomes over the coming year could change the direction of inflation. In addition, there are indeed pockets of weakness in the labor market that deserve a closer look. All of this presents directional challenges for the Fed in the coming months, and policymakers may want to avoid acting with alarming speed.
