Odaily Planet Daily News According to the market's increasing expectation of a rate cut by the Federal Reserve next month, it is very likely that the Fed will fulfill this expectation. Peter Schiff, a big player on Wall Street, said that he will see a rate cut in September, mainly because the market is now counting on a rate cut in September. This is the reason why the U.S. stock market rebounded after dumping on Monday! Now that the market has already priced in the possibility of a rate cut in September, Powell has no reason not to deliver. He always meets the market's expectations and does not want to cause surprises in the market. (Jinshi)
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Peter Schiff: Piyasa şu anda Eylül faiz indirimine umut bağlıyor, Powell bunu yerine getirmeme sebebi yok.
Odaily Planet Daily News According to the market's increasing expectation of a rate cut by the Federal Reserve next month, it is very likely that the Fed will fulfill this expectation. Peter Schiff, a big player on Wall Street, said that he will see a rate cut in September, mainly because the market is now counting on a rate cut in September. This is the reason why the U.S. stock market rebounded after dumping on Monday! Now that the market has already priced in the possibility of a rate cut in September, Powell has no reason not to deliver. He always meets the market's expectations and does not want to cause surprises in the market. (Jinshi)