TD Securities: Upcoming CPI or higher threshold for Fed to pause interest rate cut plan at next meeting

Odaily Planet Daily News: Molly McGown, US interest rate strategist at TD Securities, said that after the employment data is released, the upcoming CPI will become a "higher threshold" for the Federal Reserve to pause its interest rate cut plan at the next meeting. TD Securities expects the Federal Reserve to pause interest rate cuts early next year as policymakers evaluate Trump's fiscal policy after he takes office in January. Molly McGown added, "We learned from Powell that once he knows what the actual policy is, he will start incorporating it into the policy framework