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Goldman Sachs: The Fed has good reason to cut interest rates in July PANews reported on July 15 that Jan Hatzius, chief economist of Goldman Sachs, said that they believe that the Federal Reserve has "good reasons" to cut interest rates at the July meeting, but did not change their forecast that the Fed will start cutting interest rates in September. According to the latest unemployment and inflation data, a federal funds rate of 4% is appropriate, while it is currently 5.25%-5.5%. Therefore, it is expected that interest rate cuts will begin soon. Reasons for taking action in July include the volatility of monthly inflation, which may make the September rate cut difficult to explain if there is a temporary re-acceleration, and the Fed's undeniable motivation to "avoid starting to cut interest rates in the last two months of the presidential campaign." While this does not mean that the Fed cannot start cutting interest rates in September, it is indeed more appropriate in July. $PEPE $NOT $PEOPLE
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Owlto Finance launches Owlmazing Summer cross-chain event today, rewarding airdrop-enabled NFTs and mysterious prizes On July 15, according to official news, Owlto Finance launched the Owlmazing Summer cross-chain event today. For a period of four weeks, the top 1,000 users in the weekly points list can engrave NFTs enabled by Owlto airdrops for free. In addition, there is a chance to win a mysterious prize by collecting four different NFTs. As a cross-chain interoperability protocol, Owlto Finance updated its points system last month and announced a snapshot of Q3. You can get Owlto points by completing cross-chain operations, participating in official Quests, recommending more users, and signing in. $PEPE $NOT $PEOPLE
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Goldman Sachs: The Fed has good reason to cut interest rates in July ChainCatcher news, according to Jinshi, Goldman Sachs chief economist Jan Hatzius said that they believe the Fed has "good reasons" to cut interest rates at the July meeting, but did not change their forecast that the Fed will start cutting interest rates in September. According to the latest unemployment and inflation data, a federal funds rate of 4% is appropriate, while it is currently 5.25%-5.5%. Therefore, it is expected that interest rate cuts will begin soon. The reasons for taking action in July include the volatility of monthly inflation, which may make the September rate cut difficult to explain if there is a temporary re-acceleration, and the Fed's undeniable motivation to "avoid starting to cut interest rates in the last two months of the presidential campaign." While this does not mean that the Fed cannot start cutting interest rates in September, it is indeed more appropriate in July. $PEPE $NOT $PEOPLE
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Goldman Sachs: The Fed has good reason to cut interest rates in July Odaily Odaily News: Jan Hatzius, chief economist at Goldman Sachs, said they believe the Fed has "good reason" to cut interest rates at the July meeting, but did not change their forecast that the Fed will start cutting interest rates in September. According to the latest unemployment and inflation data, a federal funds rate of 4% is appropriate, while it is currently 5.25%-5.5%. Therefore, rate cuts are expected to begin soon. Reasons for taking action in July include the volatility of monthly inflation, which could make September rate cuts difficult to explain if there is a temporary re-acceleration, and the Fed's undeniable motivation to "avoid starting rate cuts in the last two months of the presidential campaign." While this does not mean that the Fed cannot start cutting interest rates in September, it is indeed more appropriate in July. (Jinshi) $PEPE $NOT $PEOPLE
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Goldman Sachs: The Fed has good reason to cut interest rates in July On July 15, Goldman Sachs chief economist Jan Hatzius said they believe the Fed has "good reason" to cut rates at the July meeting, but did not change their forecast that the Fed will start cutting rates in September. According to the latest unemployment and inflation data, a federal funds rate of 4% is appropriate, while it is currently 5.25%-5.5%. Therefore, it is expected that rate cuts will begin soon. The reasons for taking action in July include the volatility of monthly inflation, which may make the September rate cut difficult to explain if there is a temporary re-acceleration, and the Fed's undeniable motivation to "avoid starting rate cuts in the last two months of the presidential campaign." While this does not mean that the Fed cannot start cutting rates in September, it is indeed more appropriate in July. (Jinshi) $PEPE $NOT $PEOPLE
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