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China International Capital Corporation: The Federal Reserve's focus has shifted from prices to employment, basically declaring victory in the fight against inflation.

On August 24, CICC commented on Federal Reserve Chairperson Powell Jackson Hole's remarks: 1. It is basically clear that DingTalk on the September interest rate cut board is in line with expectations. CME interest rate futures include a 76% probability of a 25bp interest rate cut in September and a 24% probability of a 50bp interest rate cut. 2. The Federal Reserve shifted its focus from prices to employment, basically declaring victory in the fight against inflation (saying that inflation expec...

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2024-08-24 19:52:40

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