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
Bitget Launches RWA Index Perpetual Contracts, Debuts TSLA, NVDA, and CRCL
On-chain Stock Trading Platform StableStock Completes Seed Round with Participation from YZi Labs and Others
ING: RBNZ Decision Signals Potential for More Aggressive Rate Cuts in the US and UK
Trending news
MoreCrypto prices
More
