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Analysts: Powell did not stop bets on a 50 basis point rate cut in September

Analysts: Powell did not stop bets on a 50 basis point rate cut in September

Bitget2024/08/23 14:30

Analysts Anna Wong: Powell's statement sounds pretty dovish to us. So far, he hasn't discouraged bets on a 50-basis-point cut in September, hasn't indicated that the cut should be gradual, and hasn't used the word “methodical” to describe the likely path of the cut as his colleagues have.

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