Definitely, the next interest rate decision will likely be a rate cut. However, no one knows how many the Fed will cut. It's up to the U.S. labor market data and the CPI(Consumer Price Index), etc.
For now, the U.S. labor market data is more important than the CPI. If the labor market is getting slowly weaker than expected, this Q4 will be green 💚
The U.S. unemployment rate(Sep) will be released this Friday, Oct 4th. And, the CPI will be released next Thursday. I wish these will have better data than forecasted
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