Analyst: The Federal Reserve May Not Cut Rates in July or September
According to a report by Jinse Finance, analyst Joseph Richter stated that the market may react to the decline in the unemployment rate, but this is only part of the overall picture. However, given that the U-3 unemployment rate is crucial to the Federal Reserve’s reaction function, its decrease could take rate cuts in July or even September off the table. This aligns with our outlook for the fourth quarter. (Jin10)
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