#币圈观察员 Jinse Finance reported that some analysts believe the Beige Book in July may enhance the Fed's confidence in cutting interest rates at the upcoming meeting. The 'slight to moderate' rise in the economic description is similar to the May report, but the details indicate marginal weakness in the economy, including stabilizing input costs, slowing wage rise, and dropping rise expectations. Analysts expect that at the FOMC meeting in September, policymakers will begin to gradually remove policy restrictions, which should reassure them.
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#币圈观察员 Jinse Finance reported that some analysts believe the Beige Book in July may enhance the Fed's confidence in cutting interest rates at the upcoming meeting. The 'slight to moderate' rise in the economic description is similar to the May report, but the details indicate marginal weakness in the economy, including stabilizing input costs, slowing wage rise, and dropping rise expectations. Analysts expect that at the FOMC meeting in September, policymakers will begin to gradually remove policy restrictions, which should reassure them.