BNP Paribas expects the Federal Reserve to cut interest rates by 25 basis points in September and December

BlockBeats news, on August 25, BNP Paribas expects the Federal Reserve to cut interest rates by 25 basis points in September and December (previously predicting no rate cuts in 2025).

Previously, Barclays expected the Federal Reserve to cut interest rates by 25 basis points in September and December this year (previously predicting only one rate cut in December). (Jin Shi)