CITIC Securities: The Federal Reserve is expected to cut rates three times this year, each by 25 bps
According to ChainCatcher, citing Jintou News, a research report from CITIC Securities indicates that U.S. inflation in July was largely in line with expectations, with tariffs continuing to moderately push up prices and a rebound in service inflation. CITIC Securities expects the Federal Reserve to cut interest rates three times consecutively within the year, each by 25 basis points (bps).
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
Caterpillar (CAT.US) has pulled back nearly 30% from its all-time high as high oil prices and the decline of the AI rally put pressure on industrial stocks.
Caterpillar's stock price is heading toward a decline of more than 30% from its historical peak. The combination of high crude oil prices, rising US Treasury yields, and the cooling of AI trading logic continues to put pressure on the entire industrial sector.
S&P 500 Enters Its Strongest Seasonal Window
Korea Arlico Pharm President Kim Dae Hoon Reports 17-Share Holding, 0.0001% Stake
A whale withdrew and replenished 3,288 ETH in two transactions, with an average price of $2,450.
Crypto prices
More
