Analyst: The Federal Reserve's interest rate cut is not a good thing

ChainCatcher news, considering the Federal Reserve's focus on the labor market, Friday's data may determine whether the Fed's rate cut this month is conventional or extraordinary.

IG market analyst Tony Sycamore stated, "Everyone is cheering for the idea of a rate cut, but the idea of a rate cut is not a good thing, as it means the economic situation is worse than it might have been. I think the situation looks a bit dangerous this week." (Jin Ten)