Odaily星球日报讯 美国就业修订数据发布前，交易员增加对美联储降息押注，现预计美联储 2024 年共降息 100 个基点。

交易员加大对美联储降息押注

Odaily Odaily reported that before the release of revised US employment data, traders increased their bets on the Federal Reserve to cut interest rates, and now expect the Federal Reserve to cut interest rates by a total of 100 basis points in 2024.

Traders increase bets on Fed rate cut

Odaily Planet Daily reports that Wall Street forecasts a significant downward revision in employment growth. It is estimated that job positions will be revised down by 600,000 to a record 1 million. Assuming Wall Street is correct, this conclusion would indicate that the labor market is not as strong as it appears, and its cooling pace is much faster than expected. Economists say that if the data is revised down significantly enough, this could prompt the Federal Reserve to make a larger rate cut in September than Wall Street currently expects, and potentially lead to faster rate cuts in the coming months.

Wall Street forecasts that U.S. job growth will be revised down, which may prompt the Fed to cut interest rates more sharply in September

Table of Contents
- Fed officials support gradual rate cuts
- Evercore ISI: Powell will be open to a 2-notch rate cut
- Progress in the Israel-Hamas negotiations

Federal Reserve Chairman Powell is scheduled to deliver a keynote speech on the economic outlook at the Jackson Hole Global Central Bank Annual Meeting at 10 a.m. Eastern Time on the 23rd (10 p.m. Taipei time on the 23rd), as it is a critical moment before the Federal Reserve (Fed) rate cut, the outside world is highly concerned about the monetary policy information he will release.

Fed officials support gradual rate cuts
On the eve of the annual meeting, in the Federal...

The U.S. economy will not have a hard landing” Fed officials support Powell’s gradual interest rate cuts, and the ceasefire with Kazakhstan is a sign of hope

Odaily Planet Daily Report: Currently, the US stock market is showing a stable and optimistic trend, and the market is full of expectations for Fed Chair Powell's speech at the upcoming Jackson Hole economic symposium on Friday. Goldman Sachs has outlined several key issues in its report that it hopes Powell will address at the symposium. The most important of these is to demonstrate confidence in the inflation outlook in his speech, and it is expected that Powell will provide more dovish information than in the press conference after the July FOMC meeting, and that the Fed's policy rate will soon decline.