According to ChainCatcher news, reported by Jin10, MainSky Asset Management Company stated that Fed Chairman Powell is expected to open the door for a rate cut in September at the upcoming Jackson Hole seminar. Unlike last year's meeting, this time the cut is expected to be only 25 basis points. MainSky expects that there will be at least one more rate cut in the fourth quarter of this year.
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GateUser-01f9ca6e
· 08-20 07:21
Sit tight and hold on, we are about to To da moon 🛫
Powell will open the door for a rate cut in September at Jackson Hole.
According to ChainCatcher news, reported by Jin10, MainSky Asset Management Company stated that Fed Chairman Powell is expected to open the door for a rate cut in September at the upcoming Jackson Hole seminar. Unlike last year's meeting, this time the cut is expected to be only 25 basis points. MainSky expects that there will be at least one more rate cut in the fourth quarter of this year.