CITIC Securities: The Federal Reserve is expected to cut rates three times this year, each by 25 bps
According to ChainCatcher, citing Jintou News, a research report from CITIC Securities indicates that U.S. inflation in July was largely in line with expectations, with tariffs continuing to moderately push up prices and a rebound in service inflation. CITIC Securities expects the Federal Reserve to cut interest rates three times consecutively within the year, each by 25 basis points (bps).
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