UBS: The timing of the Fed's meeting next month is "awkward," and it cannot be ruled out that the meeting will be postponed for data.

According to Mars Finance, on November 24, UBS pointed out that the Fed's meeting schedule for next month is in a “awkward” situation: its December FOMC meeting will be held before the release of two key employment reports, and these two reports are the core data that determine whether to cut interest rates. This has prompted the market to begin discussing the possibility: will the Fed postpone the originally scheduled meeting on December 10 by a week to grasp the key employment data before making a decision? Looking back, it is not impossible to adjust the meeting time; in 1971 and 1974, the Fed postponed meetings due to special circumstances. From a regulatory perspective, the Fed Act only requires the FOMC to hold at least four meetings a year and does not impose rigid regulations on date adjustments. UBS pointed out that historically, a single employment report has been enough to change the direction of monetary policy, and this time the Fed faces the risk of missing two reports. If the meeting is indeed postponed, it will increase policy uncertainty but may improve decision-making quality. ( Jin10 )