PANews, July 3 news, according to Jin10 reports, analyst Joseph Richter stated that the market may react to the decline in the unemployment rate, but this is only part of the overall situation. However, considering that the U-3 unemployment rate is crucial for the Federal Reserve's response function, its decline may rule out a rate cut in July or even September. This is consistent with our view on the trends for the fourth quarter.
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Analysts: The Federal Reserve may not cut interest rates in July and September.
PANews, July 3 news, according to Jin10 reports, analyst Joseph Richter stated that the market may react to the decline in the unemployment rate, but this is only part of the overall situation. However, considering that the U-3 unemployment rate is crucial for the Federal Reserve's response function, its decline may rule out a rate cut in July or even September. This is consistent with our view on the trends for the fourth quarter.