Opinion: Higher inflation data and a strong job market in the United States will increase calls for interest rate hikes
According to Jinshi report, Gregory Faranello, the head of US interest rate trading and strategy at AmeriVet Securities, said that this is a very reliable report supporting market expectations for the Federal Reserve to skip this month's meeting or even more meetings.
At the time of transition between two administrations, this is also an important figure. The focus now has shifted towards inflation. With the new administration taking office, higher inflation data and a strong job market will increase calls for interest rate hikes.
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.
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