Uncertainty Remains Over Fed Rate Cut in September, More Data Needed for Confirmation
According to ChainCatcher, citing Jinshi News, a research report from Galaxy Securities indicates that the market has already fully priced in expectations for a rate cut in September. However, considering the rebound in inflation in the third quarter, the slow rise in the unemployment rate, and the potential intervention by Trump, a rate cut by the Federal Reserve in September is not a foregone conclusion. The Fed is currently in a position where it could either cut rates or hold steady, and more data is needed to confirm whether a rate cut will occur in September.
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