Deutsche Bank: The Federal Reserve is not in a hurry to cut interest rates further

Mars Finance News: According to Jintiao, German Commercial Bank economist Christoph Balz pointed out in a report that given the current favorable economic and labor market conditions, the Federal Reserve is unlikely to rush into further rate cuts. Although job growth remains weak, signs of stabilization in the unemployment rate have emerged, indicating that monetary policy is no longer restrictive, and the current interest rate level is closer to the higher end of the neutral rate range. Balz stated that Powell may end his term as chairman in May, and the Federal Reserve may not decide to cut rates again during this period.