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DBS Bank: The Federal Reserve has sufficient conditions to cut interest rates, but it should not be too fast

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2024-09-02 15:24:47
DBS Bank investment strategist Deng Zhijian said that the August non-farm this week, the Federal Reserve interest rate cut conditions are sufficient, but should not be too fast; the current rebound in US stocks to a new high lack of substantive support; August US non-farm is expected to be slightly better than last month; September has always been the worst month of the year for US stocks, the operation should not be too aggressive.
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