Paul Eitelman of Russell Investments said that due to the stability of the US economy, the Federal Reserve's next rate cut is unlikely to come before May or June. “We are seeing a strong foundation for the US economy, and families, businesses, investors, and the Federal Reserve all face extreme policy uncertainty,” said Eitelman, who is the company's chief investment strategist in North America. Eitelman said that Federal Reserve Chairman Powell made it clear that the Federal Open Market Committee will wait for more clear information before cutting interest rates again. “This makes May or June a possible time for the next rate cut.” Eitelman said that potential macroeconomic fundamentals point to resilient economic growth and a slowdown in inflation, which supports the benchmark scenario of two or three interest rate cuts later this year.

Zhitongcaijing · 5d ago
Paul Eitelman of Russell Investments said that due to the stability of the US economy, the Federal Reserve's next rate cut is unlikely to come before May or June. “We are seeing a strong foundation for the US economy, and families, businesses, investors, and the Federal Reserve all face extreme policy uncertainty,” said Eitelman, who is the company's chief investment strategist in North America. Eitelman said that Federal Reserve Chairman Powell made it clear that the Federal Open Market Committee will wait for more clear information before cutting interest rates again. “This makes May or June a possible time for the next rate cut.” Eitelman said that potential macroeconomic fundamentals point to resilient economic growth and a slowdown in inflation, which supports the benchmark scenario of two or three interest rate cuts later this year.