At 20:30 p.m. today and tomorrow, the two most important data before the rate cut will be released, which will determine the probability and magnitude of the Fed's rate cut.
Inflation and employment, as the main data basis for the Fed's rate cut, the last data will be crucial;
Although the Fed may shift from focusing on controlling inflation to worrying about the labor market, as one of the most important indicators before the rate cut meeting, the market is paying close attention;
At 20:30 p.m., the inflation data will be released. If the core CPI annual rate reaches the expected 2.6% or below, it means that inflation continues to improve, and the probability of a 50-point rate cut will increase;
The employment data and unemployment benefits at 20:30 p.m. tomorrow are also a major basis for rate cuts. The weaker the employment situation, the greater the magnitude and probability of the Fed's rate cut.
