FSMOne portfolio manager: The US Federal Reserve is unlikely to cut interest rates this year
Qian Jianhao, the investment portfolio manager of online investment platform FSMOne (Hong Kong), said that in the second half of the year, the pressure of US inflation may continue to remain high and it may be difficult to fall back to the target level of 2% in the short term. This is mainly due to the escalation of geopolitical tensions and the strong performance of the US economy. It is estimated that the Federal Reserve of the United States is unlikely to cut interest rates this year.
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