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China International Capital Corporation: The likelihood of a soft landing for the U.S. economy in the short term will further increase

The CICC research report pointed out that from the perspective of interest rate decision, the Federal Reserve has taken a larger 50 basis point interest rate cut, which is more aggressive than we expected. The monetary policy statement pointed out that recent inflation data has given policymakers more confidence in achieving the 2% inflation target. The Fed's actions suggest that its response function has shifted from focusing on inflation to focusing on employment. We believe...

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2024-09-19 00:34:39
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