"Fed's Mouthpiece": The Federal Reserve is not ready to cut interest rates this week

ChainCatcher message, "Fed mouthpiece" Nick Timiraos published an article stating that Federal Reserve officials expect that they will ultimately need to continue cutting interest rates, but they are not yet ready to do so on Wednesday. Their disagreement lies in what evidence they need to see first and whether waiting for everything to become clear is a mistake.

Officials are now divided into three camps on the question of whether to resume rate cuts. The focus will be on whether Powell will provide any hints of a September rate cut during the press conference, and whether his colleagues will start laying the groundwork for a rate cut at the next meeting in the coming days and weeks. (Jin Shi)