Analyst: Employment and inflation data are expected to be more favorable in the coming months
Bitget2024/07/11 12:53
Gregory Faranello, Head of U.S. Rates Trading and Strategy at AmeriVet Securities, stated that the U.S. economy has weakened and inflation rates are also declining. This is a good situation for the Federal Reserve, we expect employment and inflation data to be more favorable in the coming months, which will lead to the Federal Reserve starting to cut interest rates, albeit slowly and cautiously.
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