Baosheng Group: Weak U.S. economic data will prompt the Federal Reserve to cut rates consecutively
According to ChainCatcher, citing Jinse Finance, Baosheng Group analyst David Kohl stated in a report that the Federal Reserve will cut interest rates by 25 basis points. Recent U.S. economic data has been weak, which means the Federal Reserve may continue to cut rates at each meeting until March 2026. He pointed out that this will shift U.S. monetary policy from its current restrictive stance to a neutral stance. It is expected that the U.S. economy will maintain balanced growth in the coming months, providing a reasonable basis for the gradual transition of monetary policy.
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