Charles Schwab: Will not place too much emphasis on this CPI report, but will focus more on the new policies of the Trump administration
The Managing Director of Charles Schwab in the UK stated that the election has somewhat disrupted the outlook for the coming months. Like many others, he will closely monitor the tariffs, immigration, and tax reduction plans of the incoming Trump administration. With one more CPI data release before the Federal Reserve meeting in December, he will not place too much emphasis on this data. "Expectations for the Federal Reserve's next interest rate decision may not be influenced by today's report, as the Federal Reserve is currently more focused on employment-related tasks."
On November 13th, Jin Shi Data reported that the Managing Director of Charles Schwab UK stated that the election has somewhat disrupted the outlook for the coming months. Like many others, he will closely monitor the tariffs, immigration, and tax reduction plans of the incoming Trump administration. With another CPI data release before the Federal Reserve meeting in December, he will not place too much emphasis on this data. "Expectations for the Federal Reserve's next interest rate decision may not be influenced by today's report, as the Federal Reserve is currently more focused on employment-related tasks."