Powell to Leave the Door Open for a September Rate Cut at Jackson Hole
According to Jinse Finance, MainSky Asset Management stated that Federal Reserve Chairman Jerome Powell is expected to pave the way for a rate cut in September at the upcoming Jackson Hole symposium. Unlike last year's meeting, this time the rate cut is expected to be only 25 basis points. MainSky anticipates at least one more rate cut in the fourth quarter of this year. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Exodus CEO predicts bitcoin will reach $200,000 in 2026
Bubblemaps: The Edel team is still selling EDEL tokens, transferring another $175,000 worth of EDEL
Polish lower house fails to secure enough votes to override president's veto on crypto asset bill
Trending news
MoreCrypto prices
More
