JPMorgan: The Federal Reserve is unlikely to cut interest rates at the September FOMC meeting

According to reports from HashChain, a report released by JPMorgan predicts that despite Fed Chairman Powell possibly hinting at a rate cut, the likelihood of the Federal Reserve cutting rates at the September Federal Open Market Committee (FOMC) meeting is very low. The issue of rate cuts will spark serious internal conflict at this meeting. With hawkish representative Steven Miran joining the committee, the voice of hawkish advocates is gradually strengthening, and the possibility of a unanimous decision is decreasing.