Analyst: Powell remains silent on the issue of interest rate cuts in September~~~!!
According to the July 2nd news from Jinshi Data, in his latest statement, Fed Chairman Powell chose to avoid the question of whether to launch interest rate cuts in September, which is of great concern to the market. He reiterated his consistent position that monetary policy adjustments face two-way risk considerations: on the one hand, premature implementation of interest rate cuts may unexpectedly stimulate the resurgence of inflationary pressures; on the other hand, if interest rate cuts are delayed, the Fed may miss the opportunity and cause unnecessary shocks and damage to the economy. 🔥
At the same time, market observers generally predict that by September this year, the probability of the Fed raising interest rates will remain high, at about 70%, which further reflects the market's complex expectations and uncertainties about the future direction of monetary policy. ☕