The footsteps of interest rate cuts are getting closer! The super bull market is coming!

Former senior executive of the New York Fed: The Fed is moving closer to a rate cut, and the FOMC meeting may prepare for a policy shift in September

The Federal Reserve is expected to create conditions for lower borrowing costs this week due to a favorable shift in U.S. inflation and continued weakness in the labor market. The two-day meeting of the Federal Open Market Committee (FOMC) will end in the early hours of Thursday, when the committee will once again stabilize the benchmark interest rate at a 23-year high of 5.25-5.5%. Although the interest rate decision itself seems unremarkable, the meeting will become an important platform to further prepare for a policy shift as early as September. Brian Sack, former director of market affairs at the New York Fed, said: "The Fed is moving closer to a rate cut, and this week's communication should reflect this."

Federal Reserve officials have been able to accept the idea of ​​a rate cut more directly because there is clearer evidence that inflation has finally been brought under control after many repetitions. (Jinshi)