The threshold for further rate cuts by the Federal Reserve is very high, and only one rate cut is expected in the second half of the year.
ChainCatcher News, according to Golden Ten Data, BeiChen Lin, Senior Investment Strategist at Russell Investments, stated that the fundamentals of the US economy remain solid, which means the threshold for further rate cuts by the Federal Reserve may be very high. It is expected that there may be only one rate cut in the second half of this year, or even no rate cuts until 2027. Although energy prices may temporarily push up inflation, the balanced labor market and suppressed housing inflation set an upper limit for inflation's upward movement, making the likelihood of a rate hike this year very low. It is expected that the Federal Reserve will keep interest rates unchanged this time, and any hints from Powell regarding the future rate path will be crucial.
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