Huatai Securities: It is expected that the Federal Reserve will likely remain unchanged at the July meeting

ChainCatcher news, according to a report by Huatai Securities, the Federal Reserve will announce its decision from the July interest rate meeting at midnight on July 31 (Thursday) Beijing time. Although Trump has repeatedly pressured Powell to cut rates since the June meeting, and some members of the Federal Reserve have called for a rate cut in July, considering that the overall job market has exceeded expectations and tariffs will gradually transmit to inflation in the future, it is expected that the Federal Reserve will likely remain unchanged in the July meeting. Looking ahead, Huatai Securities believes that subsequent rate cut decisions will depend on the economic data from July to August, and maintaining a weakening job market will prompt the Federal Reserve to make a judgment of two preemptive rate cuts from September to December.