ECB board member Centeno: ECB expected to cut interest rates | Kun Lee en Binance Square

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ECB board member Centeno: ECB expected to cut interest rates several times this year
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Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Analysts: The PCE data has paved the way for the Federal Reserve to cut interest rates later. On July 27, eToro analyst Bret Kenwell stated that the US June PCE report was largely in line with economists' expectations, with the core PCE index rising only slightly more than expected. Nevertheless, the report showed no signs that inflation would accelerate unexpectedly. Combined with the lower-than-expected CPI report earlier this month and the recent trend of lower inflation data, this should give the Federal Reserve the green light to cut rates later this quarter. At next week's Federal Reserve meeting, all eyes will be on Powell, as people hope and expect him to lay the groundwork for a rate cut in September. In recent years, the Federal Reserve has been very transparent, announcing its actions well in advance, adding more certainty, which the market likes. $SOL $PEPE $WLD

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