CoinVoice recently learned that UBS said that the Fed's next interest rate move will be guided by economic data. Although major global markets have reacted negatively to changes in the Fed's interest rate cut cycle next year, the Fed will continue to monitor economic conditions and various data before taking any action.
UBS said: "We believe that the Fed remains data-dependent and future economic indicators will continue to play an important role in determining the Fed's next move." Key indicators such as PCE inflation, the Fed's preferred inflation measure, will play a key role in formulating central bank policy, and the data will be released this Friday. However, UBS expects inflation to slow in the coming months, which may affect the Fed's policy outlook. In addition, employment data will remain an important factor as the Fed will assess the strength of the labor market and the resilience of the overall economy. (Jinshi) [Original link]
