Analyst's Evaluation of US November CPI: Data Meets Expectations, There May Be Four Rate Cuts Next Year
On December 11, Brian Jacobsen, Chief Economist at Annex Wealth Management, said: "There's nothing unexpected in the CPI report; everything is as expected. Housing costs remain the main driver of inflation. With employment reports and inflation reports, there's nothing to stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecasts. There may be four rate cuts in 2025, and inflation will eventually fall to target levels."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Renowned analyst revises outlook: Tech giants' capital expenditures to peak in 2027, cash shortages may be exposed earlier
Ives predicts that tech giants' capital expenditures will peak in 2027, free cash flow will bottom out in the first half of next year, and a cash flow inflection point will be reached in 2029.
Euro advances on ECB rate hike expectations, weaker US Dollar
Crypto prices
More
