Huatai Securities: Predicts that the Federal Reserve will cut interest rates twice more this year, with non-farm data as a key reference indicator

ChainCatcher news, according to Jinshi reports, Huatai Securities research report stated that on the evening of August 22, Beijing time, the Federal Reserve Chairman delivered a speech at the Jackson Hole annual meeting, providing guidance for another rate cut in September and announcing a revised monetary policy framework. Powell's speech released a clear signal for a rate cut in September, and Huatai Securities maintains its prediction of two more rate cuts within the year, with non-farm data being a key reference indicator for the Federal Reserve's rate cut path.