Analyst: Fed may not cut rates in July and September
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Analyst: Fed may not cut rates in July and September
According to Jinshi Data, analyst Joseph Richter said the market might react to the decline in unemployment rate, but this is only part of the overall picture. However, given that the U-3 unemployment rate is crucial to the Fed's reaction function, its decline could remove rate cuts in July or even September from the table. This aligns with our view on the outlook for the fourth quarter.
Navigating Web3 tides with focused insightsTechFlow, July 3 — According to Jinshi Data, analyst Joseph Richter said the market might react to the decline in unemployment rate, but this is only part of the bigger picture. Given that the U-3 unemployment rate is critical to the Fed's reaction function, its decline could remove rate cuts in July or even September from the table. This aligns with our view on the trajectory for the fourth quarter.
