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Analyst: Fed Expected to Cut Interest Rates by 25 Basis Points in June

Summary: According to reports from Investing.com, analyst Ryan Djajasaputra from Investec pointed out that the information conveyed by Powell indicates that the Fed is not in a hurry to adjust its policies in the short term, and the current policy does not appear overly tight. Powell emphasized the strong performance of the U.S. economy and hopes ...

According to reports from Investing.com, analyst Ryan Djajasaputra from Investec pointed out that the information conveyed by Powell indicates that the Fed is not in a hurry to adjust its policies in the short term, and the current policy does not appear overly tight. Powell emphasized the strong performance of the U.S. economy and hopes to see more progress in inflation returning to target levels. Analysts believe that the Fed may enter a pause in rate cuts, with the next 25 basis point cut expected in June.

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