The path to rate cuts
There are three key time points for the Fed to start the path of rate cuts,
which are:
Next week's FOMC meeting (without SEP)
The Jackson Hole Conference (global central bank annual meeting) held from August 22 to 24
The September FOMC meeting (with SEP)
No matter when the rate cuts, just remember these two points
1. It will definitely be cut
2. Don't use macro operations for short-term operations.