Tianfeng Securities: Market expectations for a Federal Reserve rate cut in December approach 100%, while increasing bets on rate cuts in January next year.

PANews December 15 news, according to Jinshi reports, Tianfeng Securities released a research report indicating that the market has strong expectations for interest rate cuts. At the beginning of the week, after the release of the U.S. non-farm payroll data for November, expectations for a 25 basis point rate cut by the Federal Reserve in December rose to 86%. The expectation for rate cuts this year further increased. Subsequently, the U.S. November CPI data met market expectations, and the market's expectation for a Federal Reserve rate cut in December approached 100%. At the same time, the market also increased its bets on a rate cut by the Federal Reserve in January next year.