🚨🚨🚨 Wall Street believes the Federal Reserve will likely announce an interest rate cut at its September meeting. 🚨🚨🚨
But do things really go as expected? It's not that the Federal Reserve doesn't want to cut interest rates; it's that they never seriously discussed the subject. Like other countries, a strong dollar and a rising dollar are not core goals of the Federal Reserve.
Similar to most countries, this is not entirely in the interests of the United States and its businesses.
Therefore, the possibility of cutting interest rates this year is quite low. The main reason is, first, the US economy is not worsening even though interest rates are continuously rising. Second, the US stock market has experienced an unusually strong bull market this year.
Additionally, the United States' debt and deficit problems were addressed through temporary spending bills. Looking ahead, in keeping with the US election, the Federal Reserve's monetary policy will certainly aim to stabilize the political situation.
Therefore, for Thursday's interest rate meeting, investors are most interested in how strongly the Federal Reserve will express its willingness to cut interest rates in the future?!
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