The expectation of a rate cut by the Federal Reserve in September is rising, and economists predict another rate cut

ChainCatcher news, according to Jinshi reports, a majority of economists surveyed by Reuters expect the Federal Reserve to cut interest rates for the first time this year in September, with another possible cut before the end of the year.

The survey shows that among 110 respondents, 67 (61%) expect the benchmark rate to be lowered by 25 basis points to 4%-4.25%. More than 60% of respondents anticipate one to two rate cuts this year.