Tom Lee: If the Federal Reserve only cuts interest rates once, the market will remain strong

ChainCatcher news, according to Jinshi reports, Fundstrat co-founder Tom Lee stated that although the market is currently pricing in two rate cuts by the Federal Reserve this year, implementing only one rate cut may not necessarily be a bearish signal. He pointed out that the market would interpret this move positively, believing that it is more ideal for the central bank to cut rates when the economy is strong. Due to the number of initial jobless claims being lower than expected, market participants have slightly adjusted their expectations for a rate cut by the Federal Reserve. Lee emphasized the need for caution, stating that the central bank's easing policy should be initiated earlier.