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CITIC Securities: Fed Expected to Cut Interest Rates by Around 50 Basis Points in 2026
Summary: According to Jinshi's report, CITIC Securities predicts that in December 2025, the seasonally adjusted non-farm employment in the United States increased by 50,000, lower than the expected 65,000. The employment growth in December was still poor, mainly concentrated in the healthcare, education, and leisure hotel industries. Overall, the December US employment market data shows weak ...
According to Jinshi's report, CITIC Securities predicts that in December 2025, the seasonally adjusted non-farm employment in the United States increased by 50,000, lower than the expected 65,000. The employment growth in December was still poor, mainly concentrated in the healthcare, education, and leisure hotel industries. Overall, the December US employment market data shows weak employment, with the Fed expected to cut interest rates by around 50 basis points in 2026.
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Link: CITIC Securities: Fed Expected to Cut Interest Rates by Around 50 Basis Points in 2026 [Copy]