Live Updates > Live Update Details
2025-07-29 09:28:07
【“Federal Reserve Mouthpiece”: The Fed is not ready to cut interest rates this week】 Nick Timiraos, the “Federal Reserve Mouthpiece”, published an article saying that Federal Reserve officials expect that they will eventually need to continue to cut interest rates, but they are not ready to do so on Wednesday. The disagreement between them lies in what evidence they need to see first and whether it is a mistake to wait for everything to become clear. Officials are now divided into three camps on the question of whether to resume rate cuts. The focus will be whether Powell will provide any hints of a September rate cut at the press conference, and whether his colleagues will begin to lay the foundation for a rate cut at the next meeting in the coming days and weeks.
