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Experts: Powell seems more dovish, most policymakers are expected to agree to cut interest rates by 25 basis points in September

CointimeCointime2024/08/29 12:54
By:Cointime

Economists Gregory Daco and Lydia Boussour from EY-Parthenon said, "Powell seems more dovish than his peers. Nevertheless, unless there is substantial deterioration in the labor market in the coming weeks, we still expect most policymakers to support a 25 basis point rate cut in September."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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