The Federal Reserve's meeting minutes indicate that another rate cut is expected in October

ChainCatcher news, according to Jinshi reports, the Federal Reserve's meeting minutes mentioned that recent expectations for policy interest rates have declined, mainly due to weaker-than-expected employment data and a significant increase in downside risks to employment. Almost all respondents expect this meeting to lower the target interest rate range by 25 basis points, and about half of the respondents expect another cut in the October meeting. The vast majority of respondents expect at least two more 25 basis point rate cuts by the end of the year.