Barclays: The expectation of a Fed rate cut is unlikely to change, and the optimistic economic narrative continues

ChainCatcher news, according to Jinshi reports, Barclays Private Bank's Chief Market Strategist Julian LaFargue pointed out that unless there is a significant upside surprise in U.S. inflation data, the market is unlikely to change its expectations for further rate cuts by the Federal Reserve. According to tracking data from the Atlanta Fed, U.S. GDP growth in the third quarter is close to 4%, indicating that the economy remains resilient. Hightower Advisors Chief Investment Strategist Stephanie Link stated that if CPI data comes in higher than expected, market volatility will increase, but this will be seen as a buying opportunity.