Gina Bolvin: The Federal Reserve needs to cut interest rates faster to lower U.S. Treasury yields

ChainCatcher news, according to Jinshi reports, Gina Bolvin, president of Bolvin Wealth Management Group, expects the Federal Reserve to cut interest rates by 25 basis points this week and in December. She stated that to achieve a significant decline in long-term U.S. Treasury yields, there must be clear evidence that the Federal Reserve's rates are heading towards the 2% level. Bolvin pointed out that the biggest risk currently facing the market is that if employment remains resilient, policies supporting economic growth may put pressure on inflation, and the Federal Reserve may not need to cut rates as much as the market expects, requiring the bond market to reprice.