🔥🔥🔥Interest rate cuts again? BlackRock: Employment cooling, the Federal Reserve may continue to "loosen" in December📉
BlackRock's latest view: The U.S. labor market is clearly cooling, and the Federal Reserve may continue to cut interest rates in December! Although inflation remains above 2%, the stagnation of employment characterized by "not hiring, not laying off" has made the path to rate cuts increasingly clear.
Due to the government shutdown in the U.S. causing data delays, the employment reports for October and November will not be released until December 16th, but this does not prevent the market's expectations for a 25 basis point rate cut next week. BlackRock further points out that a weak labor market may pave the way for further rate cuts in 2026⚠️
However, caution is warranted: in case inflation rises again due to economic recovery next year, long-term U.S. Treasury yields may fluctuate again. BlackRock has quietly adjusted the rating of long-term U.S. Treasuries to neutral and advises investors to remain flexible.
Bull market signal? Liquidity expectations are warming up, BTC, ETH, BNB may welcome new catalysts!🚀
