Citi Anticipates Further Global Growth in 2025

Seeking Alpha01:53

December US Nonfarm Payrolls Rise More Than Expected, Unemployment Rate Slows

MT NewswiresJan 10 21:41

The biggest obstacle to the Federal Reserve's interest rate cuts in 2025: inflation and Trump.

The anti-inflation process has stagnated, and meanwhile, under Republican control, several Congressional agendas will further increase inflation.

Baron ChineseJan 10 12:08

Tonight's non-farm payroll report is coming! Signals of a slowdown in employment growth have emerged, and the health status of the labor market will soon be revealed.

With the recent continuous rise in the US dollar and US Treasury bond yields, the market is highly focused on the upcoming US non-farm employment data for December, which will be announced at 20:30 Beijing time on Friday.

WindJan 10 07:24

The outlook for Trump's policies is uncertain, the Federal Reserve is cautious, and this year the voting committee unanimously supports gradual interest rate cuts.

This year, the voting member and President of the Boston Federal Reserve, Collins, stated that the economic outlook is very uncertain, and requires a gradual and patient approach to interest rate cuts, expecting the number of cuts this year to be reduced to two from previous expectations; another voting member this year, President of the Kansas City Federal Reserve, Schmidt, stated that if economic data improves, it supports gradual rate cuts; the Federal Reserve is close to the neutral interest rate, nearly achieving the dual mandate of inflation and employment, and further balance sheet reduction is needed; the 2026 voting member, President of the Philadelphia Federal Reserve, Harker, stated support for further rate cuts this year, but the timing depends on the data, and action should be paused for now; the 2027 voting member, President of the Richmond Federal Reserve, Barkin, stated that it is the term premium, not inflation, that drives up long-term interest rates.

wallstreetcnJan 10 07:07

The Trump team is moving to restructure the leadership of the Federal Reserve, with Bowman likely being promoted to Vice Chair for Financial Regulation, and adjustments made to the list of Powell's successors.

According to media reports citing informed sources, Waller, who became a member of the Federal Reserve Board during Trump's first presidential term, has seen his "advantage" for becoming the chairman of the Federal Reserve significantly decline, as Trump is unhappy with his support for a substantial rate cut last September. Trump's advisory team will closely monitor the current Federal Reserve officials' statements on interest rates to assess who is suitable to take on the role of the next central bank leader.

wallstreetcnJan 9 07:16