Analysis predicts that the Federal Reserve may cut interest rates in September
Jinse Finance reported that data released by the U.S. Department of Labor on the 5th showed that in August, the U.S. unemployment rate rose to 4.3%, reaching a nearly four-year high. The deterioration in employment data has strengthened market expectations for a Federal Reserve rate cut, with analysts predicting that the Fed may start a new round of rate cuts in September. Data released by the CME FedWatch Tool on the evening of the 5th indicated that the weak labor market has increased market expectations for the Fed to cut rates by at least 25 basis points at its September monetary policy meeting, and a 50 basis point cut cannot be ruled out. (CCTV News)
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