BlockBeats news, on July 31, 'the Fed's mouthpiece' Nick Timiraos posted on social media that Federal Reserve Chair Powell took a 'strong defensive stance' regarding whether there would be a rate cut in September.
When asked the leading question 'What circumstances would trigger a rate cut in September?', Powell stated: 'I will not provide a specific answer. We need to observe the evolution of the data; there are multiple possibilities. We will make decisions based on comprehensive data analysis and risk assessment.'
As the Potomac Research Company often says: If we are hungry, we will naturally eat.