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Agencies: aggressive interest rate cuts may damage the reputation of the Federal Reserve, this meeting is expected to reaffirm "patience"

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2025-07-30 06:10:01
Benoit Anne, managing director of MFS Investment Management, said the Fed was currently lagging behind. "We all believe there will be more rate cuts in the future, but it is not clear when exactly it will start," he said. He pointed out that the current controversy over political interference and the independence of the Federal Reserve has caused serious disruption to the decision-making environment. He warned: "If the Fed rashly takes aggressive rate cuts in the coming months, it may pose some reputational risks." In light of this, the Fed is expected to emphasize its "be patient" stance at the FOMC meeting, reiterating its attitude of prudent decision-making. (Jin Ten)
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