Persistent inflation above the Fed’s 2% target, with September CPI at 3.7% year-over-year and core PCE near 3.1%, combined with strong Q3 GDP growth of 3.4% annualized and resilient labor market conditions at 4.2% unemployment, has anchored the federal funds rate target range at 3.75–4.00% following the October 28 hold. Markets now price a high probability of a 25-basis-point hike at the December 9 FOMC meeting, consistent with the September dot plot median of 4.1% for end-2026. This path implies limited scope for cuts before 2027 absent softer inflation prints or labor market weakening, as policymakers emphasize data-dependent decisions to restore price stability while economic activity expands at a robust pace.
在此市场中,FED 利率以联邦基金目标区间的下限或上限界定。联邦基金目标区间的决策由联邦公开市场委员会(FOMC)在会议中作出。 如果联邦基金目标利率的下限或上限在 2026年12月31日, 12:59 ET 前的任何时间达到指定水平,此市场将以“是”结算。否则,该市场将判定为“否”。 将计入定期安排的会议以外进行的紧急降息和加息。 此市场的结算依据为美联储官方网站: https://www.federalreserve.gov/monetarypolicy/openmarket.htm. 显示已达到指定水平的相关数据一经发布,此市场即可结算。
机器翻译。如有争议,以原文为准。