Published 3 months ago

Carson Wealth Management: US Federal Reserve will cut interest rates twice since September, and the economy is expected to recover in K-shape

Summary by 大纪元 Epoch Times

Carson Kwok, Hong Kong financial adviser, predicts that the US Federal Reserve will start cutting interest rates in September this year, cutting interest rates twice throughout the year, for a total of 50 basis points. He pointed out that the US labor market is showing signs of cooling down, and the inflation rate has dropped to 2.6%, which is close to the Federal Reserve's 2% target. This may prompt the Federal Reserve to start cutting interest…

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Carson Wealth Management: US Federal Reserve will cut interest rates twice since September, and the economy is expected to recover in K-shape

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