Odaily Planet Daily News: Kathy Bostjancic, Chief Economist of Nationwide Financial, said that there will be a large amount of data affecting the Fed's decisions in the next two months. If the current trend continues, the Fed should be able to implement loose policies in September. He believes that the Fed will cut interest rates by 25 basis points in September, October, and December respectively, but Powell may balance all parties by "not over committing": supporting the September rate cut and emphasizing that it is not a signal of further easing, and suspending action if inflation worsens. (Golden Ten)
