Agency: The Federal Reserve may cut interest rates in September, but data is still the key

Odaily News The CEO of Aymara International Fund said that the market strongly expects the United States to cut interest rates starting in September, but nothing is certain, and the rate cut next month will still depend on the upcoming economic data. Inflation has been falling and is approaching the Fed's target, while high interest rates still put pressure on the economy and the job market. The Federal Reserve kept interest rates unchanged on Wednesday, but opened the door to a rate cut in September. The market currently expects that there may be three rate cuts this year, and further rate cuts are expected in 2025. (Jinshi)