Federal Reserve Likely to Maintain Interest Rates Amid Economic Pressures

According to BlockBeats, Huatai Securities has released a report indicating that the Federal Reserve is expected to announce its decision on the July interest rate meeting in the early hours of July 31 (Thursday) UTC+8. Despite U.S. President Donald Trump's repeated calls for a rate cut since the June meeting and some Federal Reserve members advocating for a reduction in July, the overall stronger-than-expected job market and the anticipated impact of tariffs on inflation suggest that the Federal Reserve is likely to maintain its current stance. Looking ahead, Huatai Securities believes that future rate cut decisions will depend on economic data from July and August. A weakening job market could prompt the Federal Reserve to implement two precautionary rate cuts between September and December.