The Federal Reserve has sent a clear signal, and Bolvin stated that it will take cautious rate cut measures

ChainCatcher news, according to Jinshi reports, Bolvin Wealth Management Group President Gina Bolvin stated that the Federal Reserve's 25 basis point rate cut has sent a clear signal. She pointed out that the weak labor market and stubborn inflation have prompted policymakers to take action, but the pace is gradual. Bolvin emphasized that this is not a policy shift, but rather a cautious measure, and future inflation and employment data will determine the subsequent path.