Analysts: The Federal Reserve may not cut interest rates in July and September
2025-07-03 12:49:00
Analyst Joseph Richter said the market may react to a drop in the unemployment rate, but that's only part of the picture. But given that the U-3 unemployment rate is crucial to the Fed's response function, its decline could put a July or even September rate cut off the table. This is in line with our view of the fourth quarter trend. (Golden Ten)
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