Analysis: Market pricing is severely diverging from the Federal Reserve's stance, and mispricing may be brewing

ChainCatcher news, BCA Research analyst Dhaval Joshi pointed out that the market's current pricing of U.S. interest rates is seriously diverging from the Federal Reserve's stance, and mispricing may be brewing. Joshi stated that Trump is calling for a 3% rate cut from the Federal Reserve. Given that the July employment report shows a significant slowdown in the U.S. job market, Trump seems to have the upper hand in this "game" with Powell, but attention should be paid to the real reasons behind the slowdown in the job market.