Analysts: The door to a rate cut in July is closed
2025/07/03 20:49
PANews reported on July 3rd that according to Jinshi, the market is focused on the expected increase in unemployment, but the actual unemployment rate has dropped to 4.1%, and the July Fed meeting will no longer be so important. Gregory Faranello, head of US interest rate trading and strategy at AmeriVetSecurities, said: The biggest problem is unemployment. The door to a rate cut in July has been closed, and the Fed will "take a vacation" in the summer. The indicator for the Fed's action is employment, which gives Fed Chairman Powell room to take a wait-and-see attitude.
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