Fed Expected to Cut Rates by 25 Basis Points in September

According to BlockBeats, on August 30, analysts indicated that the Jackson Hole meeting has essentially confirmed the Federal Reserve's readiness to cut interest rates in September. However, Friday's inflation data solidified the expectation of a 25 basis point cut rather than a 50 basis point reduction. The data largely met expectations, resulting in minimal changes in yields, and the market continues to anticipate a modest rate cut next month. Traders still foresee the possibility of a significant rate cut in November or December. However, if prices continue to gradually cool without a larger-than-expected decline, the market may reassess this expectation.