The Federal Reserve's meeting minutes indicate that another rate cut is expected in October

ChainCatcher news, according to Jin10 reports, the Federal Reserve's meeting minutes mentioned that recent expectations for policy interest rates have decreased, mainly due to weaker-than-expected employment data and a significant rise in downside risks to employment. Almost all respondents expect this meeting to lower the target interest rate range by 25 basis points, and about half of the respondents expect another cut in the October meeting. The vast majority of respondents expect at least two more cuts of 25 basis points by the end of the year.