The expectation of interest rate cut is all in September! Powell is a wise man. In fact, only when inflation drops rapidly, it is necessary to react quickly and cut interest rates quickly, but he still did not say that when inflation drops rapidly, it is actually a financial crisis. If inflation drops slowly, it may take half a year before interest rates are cut. If inflation drops rapidly, the Fed will cut interest rates immediately, but it will only be a few months away from a financial crisis.
