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Huatai Securities: Federal Reserve Likely to Stand Pat at July Meeting
Summary: According to sources, Huatai Securities research report stated that on July 31 (Thursday) morning Beijing time, the Federal Reserve will announce its decision from the July interest rate meeting. Despite pressure from Trump to cut rates since the June meeting and internal calls for a rate cut in July, considering the overall strength of the ...
According to sources, Huatai Securities research report stated that on July 31 (Thursday) morning Beijing time, the Federal Reserve will announce its decision from the July interest rate meeting. Despite pressure from Trump to cut rates since the June meeting and internal calls for a rate cut in July, considering the overall strength of the job market and the gradual transmission of tariffs to inflation, it is expected that the Federal Reserve will likely stand pat at the July meeting. Looking ahead, Huatai Securities believes that future rate cut decisions will depend on economic data from July and August, with a weakening job market prompting the Federal Reserve to make 2 preventive rate cuts between September and December.
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Link: Huatai Securities: Federal Reserve Likely to Stand Pat at July Meeting [Copy]