The institution: The Federal Reserve may cut interest rates in September, but data remains key.
The chief executive officer of the Aymara International Fund stated that the market strongly expects the United States to start cutting interest rates from September, but nothing is certain, and the interest rate cut next month will still depend on the economic data to be released. Inflation has been declining and is approaching the Federal Reserve's target, while high interest rates continue to put pressure on the economy and the job market. The Federal Reserve kept interest rates unchanged on Wednesday, but opened the door for a rate cut in September. The market currently expects there could be three rate cuts this year, and further rate cuts are expected by 2025.
