Analyst: US economy does not need rate cuts

Odaily Planet Daily News: After a solid jobs report last Friday, investors expect the Federal Reserve not to cut interest rates until September. Piper Sandler analyst Nancy Lazar wrote that although the U.S. economy may weaken, it will maintain its growth momentum even if the Fed does not cut interest rates. First, given the typical lag effect, the Fed's interest rate cuts last year may not have fully taken effect. On the other hand, reducing the size of the federal government will free up labor for the private sector. Our basic forecast is that the U.S. economy does not need more interest rate cuts. The current weakness is the effect of the roller coaster of tariff policy. (Jinshi)