Huatai Securities: The number of rate cuts by the Federal Reserve this year has been raised to 3 times

ChainCatcher news, according to Jinshi reports, Huatai Securities pointed out in its research report on September 18 that the Federal Reserve is expected to cut interest rates by 25 basis points at the September meeting, and the dot plot indicates another 50 basis points cut within the year. Considering the potential pressure on the job market in September, Huatai Securities has raised its forecast for the number of rate cuts by the Federal Reserve this year from 2 to 3, expecting a 25 basis points cut in both October and December.