Odaily星球日报讯 波士顿宏利投资管理公司高级投资组合经理内森·图夫特（Nathan Thooft）则表示，鉴于美国经济与世界其他地区相比仍相对较好，市场对美联储降息的预期过于激进。因此，他预计美元未来的跌幅将有限并且没有足够的信心进行大额货币押注。（金十）

波士顿宏利：市场对美联储降息的预期过于激进

Odaily Odaily reported that Nathan Thooft, senior portfolio manager at Manulife Investment Management in Boston, said that given that the US economy is still relatively good compared to other parts of the world, the market&#39;s expectations for the Fed to cut interest rates are too aggressive. Therefore, he expects the dollar&#39;s future decline to be limited and does not have enough confidence to make large currency bets. (Jinshi)

Boston Manulife: Market expectations for Fed rate cuts are too aggressive

"The time has come to lower the target interest rate, and now is the time for policy adjustment."

On August 23, local time, Federal Reserve Chairman Powell attended the Jackson Hole meeting, and his speech clearly signaled a rate cut. After the 2008 financial crisis, the Jackson Hole meeting often became a forward-looking guide for various monetary policies. His remarks were seen as a signal that the rate cut cycle was about to begin, adding fuel to the already strong expectations for the September policy meeting.

Looking at the timing in late August, how will the Federal Reserve implement the rate cut? Regarding the Federal Reserve's rate cut...

Looking ahead to the Fed’s rate cut: When it will be cut is a foregone conclusion

Odaily Planet Daily reported that in a report, Societe Generale Bank stated that the upcoming U.S. economic data may confirm that the job market is gradually cooling down, and provide support for the Federal Reserve's interest rate cut and the weakening of the U.S. dollar. "If the trend is a gradual loosening of the labor market, that would point to a rate cut, but not at the pace currently expected," said Societe Generale's foreign exchange strategist. They said this may inject some volatility into the foreign exchange market, but the bank still recommends selling the U.S. dollar on any rebound, unless the job market completely stops loosening.

Societe Generale: If the labor market cools, it will support the Fed's rate cuts and a weaker dollar

Gurpreet Garewal, a macro strategist for fixed income and liquidity solutions at Goldman Sachs, stated in a report that the Federal Reserve is expected to cut interest rates by 25 basis points in three consecutive meetings in September, November, and December. However, she stated that if the August employment report to be released next week shows more signs of a weakening job market, it may prompt the Federal Reserve to start cutting rates more aggressively by 50 basis points. (Jinshi)