CITIC Securities: The US Federal Reserve is expected to cut interest rates by around 50 basis points in 2026

ChainCatcher news, according to Golden Ten Data, a research report from CITIC Securities pointed out that in December 2025, the US seasonally adjusted non-farm payrolls increased by 50,000, lower than the expected 65,000. The structure of non-farm employment growth in December remained poor, mainly concentrated in the medical, education, and leisure and hospitality industries. Overall, the US employment market data for December shows that employment remains weak, and it is expected that the Federal Reserve may cut interest rates by around 50 basis points in 2026.