A Gold Finance report states that Fed Chairman Powell fully supports a 50 basis point interest rate cut in September; he is confident in achieving the 2% inflation target; there may be one or two more interest rate cuts this year; the policy interest rate is stable, with a significant increase in the interest rate; will follow the data to monitor the labor market and inflation, and adjust the interest rate as needed; the magnitude of the interest rate cut in September does not imply the speed or magnitude of future interest rate cuts.
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Fed's Daly: There may be one or two more rate cuts this year
A Gold Finance report states that Fed Chairman Powell fully supports a 50 basis point interest rate cut in September; he is confident in achieving the 2% inflation target; there may be one or two more interest rate cuts this year; the policy interest rate is stable, with a significant increase in the interest rate; will follow the data to monitor the labor market and inflation, and adjust the interest rate as needed; the magnitude of the interest rate cut in September does not imply the speed or magnitude of future interest rate cuts.