Powell: The vast majority of Federal Reserve committee members expect to lower interest rates later this year, and it is too early to say whether discussing a rate cut in July is premature.

PANews July 1 news, according to Jinshi reports, Federal Reserve Chairman Powell stated that the vast majority of Federal Reserve committee members expect to lower interest rates later this year, and it is too early to say whether discussing a rate cut in July is premature; he will not rule out the possibility of any meeting (action), which will depend on the data.