TechFlow, June 19 — According to Jinshi Data, Allspring analyst Matthias Scheiber said that due to ongoing uncertainty surrounding tariffs and a still robust U.S. labor market, the Federal Reserve has adopted the widely expected "wait-and-see" stance on interest rates. The head of multi-asset solutions stated, "From our perspective, the Fed's next potential window for rate cuts would be September." Allspring expects the Fed could cut rates twice this year if inflation continues moving toward the 2.0% target level.
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