从FOMC到NFP和CPI——市场每周展望。美联储周三公布了备受期待的25个基点的降息，将利率从3.75%-4.00%降至3.50%-3.75%，正式关闭了4%政策利率时代的大门。

From the FOMC to NFP and CPI – Markets Weekly Outlook.The Fed delivered a highly expected 25 bps cut on Wednesday, taking rates from the 3.75%-4.00% range down to 3.50%-3.75%, officially shutting the door on the 4% policy rate era.

每周底线：美联储12月降息，但预示未来步伐放缓。我们正处于最后阶段，加拿大经济观察家们才能用节日饮料放松身心，反思2025年。上周，加拿大央行公布了今年最后一次利率决定，并发布了一份逾期未交的加拿大贸易形势报告。

The Weekly Bottom Line: Fed Delivers on December Cut, But Signals Slower Pace Ahead.We are in the home stretch before Canadian economy watchers can kick back with a festive beverage and reflect on 2025. This past week featured the Bank of Canada's last interest rate decision of the year and an overdue report on Canada's trade picture.

前瞻性指引：加拿大通胀可能保持稳定，因为我们看到更多延迟的美国数据。假期前繁忙的一周关键数据发布包括加拿大通胀、住房和就业，而美国将推迟发布就业和通胀数据。

Forward Guidance: Canada's Inflation Likely Held Steady as We See More Delayed U.S. Data.A busy week of key data releases ahead of the holidays includes Canadian inflation, housing, and employment, while the U.S. will see delayed releases on jobs and inflation.

美元预测：DXY企稳，因美联储降息预期对价格构成压力。DXY在触及10月低点后企稳，因美联储降息预期加重，收益率反弹，交易员关注关键移动平均线。

US Dollar Forecast: DXY Stabilizes as Fed Rate Cut Expectations Pressure Prices.DXY stabilizes after hitting October lows as Fed rate cut expectations weigh, yields rebound, and traders eye key moving averages.