"Federal Reserve Mouthpiece": Powell Refuses to Predefine Rate Cut Path

ChainCatcher news, according to a social media post, "Fed mouthpiece" Nick Timiraos stated that Federal Reserve Chairman Powell has taken a "strong defensive posture" regarding a potential rate cut in September.

When asked the leading question, "What circumstances would trigger a rate cut in September?" Powell replied, "I won't provide a specific answer. We need to observe the evolution of the data; there are multiple possibilities. We will make decisions based on comprehensive data analysis and risk balance assessment."

As the Potomac Research Company often says: If we are hungry, we will naturally eat.