Analyst: The Federal Reserve will not cut interest rates until the end of 2025

ChainCatcher news, according to Jinshi Data, strategist Sima Shah from Xin'an Asset Management stated that after today's non-farm payroll report was released, she believes the Federal Reserve will not cut interest rates until the end of 2025. "Some Federal Reserve speakers have already indicated that they prefer to cut rates as early as this month. Today's data shows that employment numbers exceeded expectations, the unemployment rate has decreased, and initial jobless claims have fallen, which completely eliminates their rationale for believing a rate cut is imminent and suggests that there is no urgency for the Federal Reserve to provide supportive policies."