The Fed may maintain a cautious attitude, with expectations for interest rate cuts cooling before the end of the year.

[Coin World] Recently, U.S. employment data is unlikely to change Fed Chairman Jerome Powell's cautious stance on the Interest Rate. Analysts expect a rate cut of only 25 basis points in December this year and believe that investors are overly optimistic about a rate cut in September, misunderstanding the Fed's view on the strength of the labor market. Powell recently stated that, given the labor market is "robust", policy is "only slightly restrictive". Even though employment growth slowed in July and the unemployment rate reached 4.2%, there are still no signs of a shift in the stance of hawkish FOMC members. The situation in September remains "difficult to predict", but they will follow the speeches at the Jackson Hole meeting for clues.

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MetadataExplorervip
· 16h ago
Hehe, it's all a trap.
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SchrodingerPrivateKeyvip
· 08-15 13:09
The hawks and doves are pulling again.
View OriginalReply0
FloorSweepervip
· 08-15 13:06
paper hands gonna get rekt. seen this script before smh...
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