Institutional Analysis: The fundamentals of the U.S. economy indicate that there is no need to rush into interest rate cuts
ChainCatcher news, according to Jinshi reports, Paul Eitelman, Chief Investment Strategist for North America at Russell Investments, stated that due to the robust U.S. economy, the next interest rate cut by the Federal Reserve is unlikely to occur before May or June.
"We believe that the U.S. economic fundamentals are solid amid extreme uncertainty in policies faced by households, businesses, investors, and the Federal Reserve." Federal Reserve Chairman Powell has clearly indicated that he will wait for more clear information before cutting rates again, "which sets the stage for the next rate cut in May or June." Eitelman noted that macro fundamentals show resilient economic growth and easing inflation, supporting the baseline scenario of two to three rate cuts later this year.