TechFlow, July 29 — According to Jinshi Data, "Fed Whisperer" Nick Timiraos published an article stating that Fed officials expect they will eventually need to continue cutting interest rates, but they are not yet ready to do so on Wednesday. The disagreement among them centers on what evidence they need to see first, and whether waiting for clarity is a mistake. Officials are now divided into three camps regarding whether to resume rate cuts. Attention will focus on whether Powell provides any hint of a September rate cut during his press conference, and whether his colleagues begin laying the groundwork for a rate cut at the next meeting in the coming days and weeks.
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