Next week on September 18, the Federal Reserve will cut interest rates by 25 basis points

1. Inflation has declined

2. Non-farm payrolls have risen

3. CPI is also in line with expectations

This shows that the US economy is still strong. In order to further boost the economy, stimulate consumption and expand employment, interest rates will inevitably be cut in September. In the absence of a recession, the probability of a direct 50 basis point cut is relatively small, so the first interest rate cut is likely to be 25 basis points.