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Huatai Securities Maintains Forecast of Two More Fed Rate Cuts This Year

Summary: According to Jinshi News, Huatai Securities research report stated that on the evening of August 22 Beijing time, the Fed Chairman gave guidance for another rate cut in September during the Jackson Hole annual meeting and announced a revised monetary policy framework. Powell's speech clearly signaled a rate cut in September, with Huatai Securities maintaining ...

According to Jinshi News, Huatai Securities research report stated that on the evening of August 22 Beijing time, the Fed Chairman gave guidance for another rate cut in September during the Jackson Hole annual meeting and announced a revised monetary policy framework. Powell's speech clearly signaled a rate cut in September, with Huatai Securities maintaining the forecast of two more rate cuts this year, with non-farm data being a key reference for the Fed's rate cut path.

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