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Huatai Securities: Raises Fed's Interest Rate Cut Frequency Within the Year from 2 Times to 3 Times

2 hours ago

September 18th: According to Huatai Securities' research report, on September 18th (Thursday) in Beijing time, the Federal Reserve announced its decision on the September interest rate meeting. It cut rates by 25 basis points as expected. The dot plot shows another 50 basis points cut later this year. During the meeting, Powell expressed a dovish stance. Considering that the September job market may still face pressure and support a rate cut in October, Huatai Securities has revised its forecast for the number of Fed rate cuts this year from 2 to 3 times. There will be rate cuts in October and December, each by 25 basis points. (FX678)
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