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โFederal Reserve's Logan: It's hard to support a rate cut in December
On November 15, Federal Reserve's Logan hinted again on Friday that she would oppose a rate cut in December, having previously opposed a rate cut in October due to concerns about high inflation, which is trending upward, stating that it would take too long to reach the Federal Reserve's 2% target. "As I look ahead to the December meeting, I think it will be hard to support another rate cut unless we have compelling evidence that inflation is indeed declining faster than I expect, or we see the labor market not just gradually cooling down," Logan said.
Since the beginning of this month, the probability chart regarding the Federal Reserve's rate cut in December has experienced a 'roller coaster,' dropping from nearly a certainty at 95% back down to around 50%. The U.S. federal government shutdown has complicated the Federal Reserve's assessment of the current economic situation, and in the absence of more signs proving the risks in the job market and economic cooling, the inflation concerns behind the Trump administration's tariff policies have made the outlook for further monetary policy easing increasingly unclear, causing turmoil in global capital markets. #็พ่ๅจ้ๆฏ
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