Loading...
According to Golden Finance, Rainer Guntermann from the research department of Deutsche Bank stated in a report that the resurgence of interest rate cuts in the United States may continue. The interest rate strategist said that after last Friday's disappointing labor market report, the data schedule for the United States this week was relatively light and not enough to change this trend. He said, "In addition, the Federal Reserve seems to be paying more attention to the downside risks of economic growth, although its latest comments still sound cautiously balanced, and the price risks brought by tariffs still exist." After the weak non farm payroll data was released, the market increased expectations for the Federal Reserve to cut interest rates in September. According to LSEG data, the market price currently reflects an 86% likelihood of a 25 basis point interest rate cut in September.