Federal Reserve Expected to Ease Policy in September Amid Data Influences

According to Odaily, Nationwide Financial's Chief Economist Kathy Bostjancic has indicated that a significant amount of data in the coming months will impact the Federal Reserve's decisions. If current trends persist, the Federal Reserve is expected to implement easing measures in September. Bostjancic predicts that the Fed will reduce interest rates by 25 basis points in September, October, and December. However, Federal Reserve Chair Jerome Powell may adopt a cautious approach by supporting a rate cut in September while emphasizing that it does not signal further easing source: https://www.binance.com/en/square/post/26494273413970?utm_source=BinanceNewsRSS