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JPMorgan Chase: Fed expects 25 basis points rate cut in September

Source: BlockBeats
According to BlockBeats, on September 10, JPMorgan Chase expects the Federal Reserve to cut interest rates by 25 basis points in September, even if there is uncertainty in inflation data. It is expected that the year-on-year growth rate of CPI in August will be 2.9%, and the year-on-year growth rate of core CPI will be stable at 3.1%. If inflation data is higher than expected, interest rate cuts may be delayed until October or December. JPMorgan Chase still holds a tactical bullish stance, but emphasizes inflation, employment and trade risks are still potential concerns.
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