Galaxy Securities: The US Still Has Room for About Three Interest Rate Cuts in 2026
Deep Tide TechFlow news, on December 25, according to Golden Ten Data, Galaxy Securities pointed out that, due to the higher-than-expected economic growth rate, CME observation data shows that the probability of an interest rate cut in January 2026 has narrowed compared to before. After the data was released, Hassett, a popular candidate for Federal Reserve Chair, stated that the foundation for growth still comes from falling prices, income growth, and improved sentiment. He also made it clear that if GDP growth remains around 4%, new employment is expected to return to the range of 100,000 to 150,000 per month. At the same time, he bluntly said that the Federal Reserve is obviously lagging behind the situation regarding interest rate cuts. We believe that the economic growth in the third quarter mainly reflects the fading impact of inventory and trade disturbances, which is not enough to change the marginal weakening trend in employment. With employment becoming the focus of policy trade-offs and the selection of the Federal Reserve Chair gradually being finalized, there is still room for about three interest rate cuts in 2026.
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
Rising fuel costs drive up brewing costs in Asia, Heineken (HEINY.US) says it is passing 70%-80% of the cost pressure on to consumers.
Jacco van der Linden, President for Asia Pacific at HEINEKEN (HEINY.US), stated that rising fuel costs triggered by the conflict in Iran are increasing the company's brewing input costs in Asia.
Starlink, lunar landing, and space computing power all rely on it! SpaceX (SPCX.US) Starship's 14th launch targets its first orbital flight and deployment of next-generation satellites
SpaceX plans to launch its giant Starship rocket early Monday local time, aiming to send the spacecraft into orbit for the first time.
BCG warns that financial pressure on European companies is intensifying! The room to absorb shocks is narrowing, and the pressure to transform is increasing simultaneously.
According to Boston Consulting Group (BCG), as leverage increases, making companies more vulnerable to shocks, one out of every six companies in Western Europe is currently facing financial pressure.
Japanese Yen nudges lower despite a hawkish BoJ, intervention warnings
Crypto prices
More
