Julius Baer Group: Weak US economic data will lead to continuous interest rate cuts by the Federal Reserve
2hours ago
According to Odaily Planet Daily, David Kohl, an analyst at Baosheng Group, stated in a report that the Federal Reserve's 25 basis point interest rate cut, coupled with recent weak US economic data, means the Fed is likely to continue cutting rates at each meeting until March 2026. The chief economist noted that this would shift US monetary policy from its current restrictive stance to a neutral one. He stated, "We expect the US economy to maintain balanced growth in the coming months, which provides a reasonable basis for a gradual transition from a restrictive to a neutral stance of monetary policy." (Jinshi)
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Binance HODLer Airdrop to List Lombard (BARD)
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