FSMOne Portfolio Manager: The US Federal Reserve is unlikely to cut interest rates this year
2024-06-05 09:00:58
Online investment platform FSMOne (Hong Kong) portfolio manager Qian Yuhao said that inflation pressures in the United States will continue to be high in the second half of the year, and it will be difficult to fall back to the 2% target level in the short term, mainly due to the escalation of geopolitical tensions and the continued strong performance of the US economy. It is estimated that the US Federal Reserve is likely not to cut interest rates this year.
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