Strategist: The Fed's meeting minutes may not confirm a rate cut in December

According to Jinshi News, Ebury strategist Matthew Ryan stated that the minutes from the Federal Reserve's October policy meeting are expected to confirm that a rate cut in December is far from a done deal, especially considering the ongoing concerns about U.S. inflation. The futures market currently prices the probability of a rate cut next month at less than 50%, but he believes that even if the non-farm report released on Thursday shows particularly weak performance, it may not significantly change the current situation.