Analyst: The Federal Reserve has given the green light to cut interest rates by 25 basis points next week

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ODAILY
09-11
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Chris Zaccarelli, chief investment officer of the Independent Odaily Alliance, wrote in a report that the Fed has now "give the green light" to cut interest rates by 25 basis points next week. Some people may be disappointed with the lower-than-expected inflation data, as this may give the Fed more room to cut by 50 basis points, but most Fed spokesmen have said that they want to start slowly rather than drastically cut interest rates at the beginning. (Jinshi)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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