The Fed's 'preferred' inflation data missed expectations! Is the 'final piece of the puzzle' for a December rate cut now in place?

The continued cooling of U.S. inflation and the slowdown in consumer spending in September have provided the Federal Reserve with another compelling reason to proceed with further interest rate cuts next week...

Golden10 DataDec 5 23:23

Consumer Spending Points to Strong Third-quarter GDP. U.S. Economy Still Has Momentum.

MarketWatchDec 5 23:16

Gelonghui December 5th | The annual rate of the U.S. PCE Price Index for September was 2.8%, in line with expectations of 2.80%, compared to the previous value of 2.7%.

Gelonghui December 5th | The annual rate of the U.S. PCE Price Index for September was 2.8%, in line with expectations of 2.80%, compared to the previous value of 2.7%.

Gelonghui FinanceDec 5 23:02

Hassett: Now is a good time to cautiously cut interest rates again, and it is expected that the Federal Reserve will take such action next week.

Hassett said on Friday that the negative economic impact of the government shutdown was larger than expected, but the economy would see a stronger rebound in the first quarter of next year. Against this backdrop, it is a good time for the Federal Reserve to proceed with another cautious rate cut; he has not discussed issues related to the Fed Chair with Trump. On Thursday, he predicted a 25-basis-point rate cut next week.

wallstreetcnDec 5 23:02

Gelonghui December 5th | Bank of America: The market may soon start pricing in expectations of a Fed rate cut in January.

Gelonghui December 5th | Bank of America: The market may soon start pricing in expectations of a Fed rate cut in January.

Gelonghui FinanceDec 5 22:44

Deutsche Bank: The S&P 500 is expected to rise to 8,000 points next year, with valuations potentially moving even higher.

①Binky Chadha, Chief U.S. Equity Strategist at Deutsche Bank, forecasts that the upward trend in the U.S. stock market will continue until 2026. ②Chadha believes that the S&P 500 Index is likely to rise to 8000 points next year, driven by further robust earnings growth from corporations. ③Although the valuation of U.S. stocks is currently high, Chadha argues that the fundamental factors supporting valuations remain strong, indicating that valuations could increase further.

cls.cnDec 5 19:43