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Institution: The Fed may have to wait until December to cut interest rates

Institution: The Fed may have to wait until December to cut interest rates

2025-06-25 14:59

ChainThink reports: After Federal Reserve Chair Powell maintained a cautious stance on interest rate cuts, the US dollar rose slightly. During his testimony before Congress on Tuesday, Powell seemed to cool down the prospect of a rate cut in July, rejecting President Trump's call to lower interest rates. In a report, Pepperstone strategist Michael Brown stated that the Federal Reserve may wait until December to cut rates, and will only cut by 25 basis points this year. (Jin10)

Disclaimer: Contains third-party opinions, does not constitute financial advice

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