Bank of America: The softness of non farm payroll data in October is enough for the Federal Reserve to cut interest rates by 25 basis points each in November and December

According to BlockBeats, on November 7th, Bank of America stated that the weakness in October's non farm payroll data was sufficient for the Federal Reserve to cut interest rates by 25 basis points each in November and December. Powell may emphasize the stability of the economy and the return of inflation targets. Trump's return to the White House may make the Federal Reserve more cautious in the future. (Golden Ten)