CITIC Securities: The Federal Reserve is expected to cut rates three times this year, each by 25 bps
According to ChainCatcher, citing Jintou News, a research report from CITIC Securities indicates that U.S. inflation in July was largely in line with expectations, with tariffs continuing to moderately push up prices and a rebound in service inflation. CITIC Securities expects the Federal Reserve to cut interest rates three times consecutively within the year, each by 25 basis points (bps).
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.
You may also like
Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93
Tether suspends Bitcoin mining operations in Uruguay due to rising energy costs
Lighter has surpassed Hyperliquid in 24-hour decentralized exchange trading volume.
Trending news
MoreCrypto prices
More
