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Analyst: The Federal Reserve may not cut interest rates in July and September

PANews
PANews|Jul 03, 2025 12:45
According to a report by Golden Ten, analyst Joseph Richter said that the market may react to the decline in unemployment rate, but this is only part of the overall situation. But considering the crucial role of the U-3 unemployment rate in the Federal Reserve's response function, its decline may make the July or even September interest rate cuts off the table. This is consistent with our view on the trend of the fourth quarter.
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