Faced with a series of microeconomic data in the recent period on inflation, labor market and consumption, as well as pressures on capital markets and commercial real estate… all making the market hope that the Fed will cut interest rates soon.
Therefore, the statements of FOMC members last week were eagerly awaited by the market – mainly to seek signals on the possibility of the Fed cutting interest rates next year. These developments can be summed up in one sentence:
Viet Hustler is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
