Institutions: The Federal Reserve (FED) may have to wait until December to cut interest rates

GoldenOctober2024

2025-06-25 06:58:13

Jin10 data on June 25th, The Federal Reserve (FED) Chairman Powell, after maintaining a cautious stance on interest rate cuts, the dollar slightly rose. Powell testified before Congress on Tuesday, seemingly pouring cold water on the prospect of a rate cut in July, rejecting President Trump's call to drop the Interest Rate. Pepperstone strategist Michael Brown stated in a report that The Federal Reserve (FED) may wait until December to cut rates, and will only cut 25 basis points this year.

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HappyNewYear

· 06-26 04:08

Jin10 data June 25 news, The Federal Reserve (FED) Chairman Powell maintained a cautious stance on the interest rate cut issue, and the US dollar rose slightly. Powell seemed to pour cold water on the prospect of a rate cut in July during his testimony before Congress on Tuesday, rejecting President Trump's call to lower interest rates. Pepperstone strategist Michael Brown stated in a report that the Federal Reserve may not cut rates until December, with only a 25 basis point cut this year.

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GoldenOctober2024

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