Fitch: Fed rate cut expectations face resistance, likely to be implemented in June or July

According to Jinshi, Fitch said that the market's expectations for the Fed's upcoming rate cut are increasing, but it still faces certain resistance. The Fed is cautious about concluding that inflation has returned to 2% too early and hopes to have more time to observe. Fitch believes that due to the lack of evidence of economic slowdown, the Fed may not implement a rate cut until June or July.