Huatai Securities maintains the Federal Reserve's forecast of two more interest rate cuts this year
2025-08-23 03:00:52
Huatai Securities Research Report said that on the evening of August 22, Beijing time, the Federal Reserve Chairperson gave a speech at the Jackson Hole annual meeting, providing guidance for another interest rate cut in September and announcing the revised monetary policy framework. Powell's speech released a clear signal of interest rate cut in September. Huatai Securities maintained its forecast of two more interest rate cuts this year. Non-farm data will be a key reference indicator for the Federal Reserve's interest rate cut path.
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