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Allianz Chief Advisor: Recommends the Federal Reserve to cut interest rates by 50 basis points at the September meeting

Sep 10, 2025 20:47:45

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ChainCatcher news, according to Jinshi reports, Allianz Chief Economic Advisor Mohamed El-Erian stated that if he were a member of the Federal Reserve Board, he would seriously advocate for a 50 basis point rate cut at the September meeting based on labor data.

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