Federal Reserve Chairman Powell: The vast majority of Federal Reserve officials expect to cut interest rates later this year

2025-07-01 21:57:07

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ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that the vast majority of Federal Reserve committee members expect to cut interest rates later this year.

It cannot be said that considering a rate cut in July is too early. No meeting (action) can be ruled out, as it will depend on the data.

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