Data Golden July 25th, although the better-than-expected US second-quarter GDP data may ease some concerns about the economy, analysts pointed out that the core personal consumption expenditure price index (PCE) higher than the expected 2.9% may bring trouble to the Federal Reserve. Emma Wall of Hargreaves Lansdown said in a report: "Although it is above the target, it is declining, coupled with strong economic growth data, which reduces the pressure on the Federal Reserve to cut interest rates next week." "We expect the Federal Reserve, the European Central Bank, and the Central Bank of England to cut interest rates in September, which will be a rate cut trend. For investors in the US stock market, we believe that there are better value small-cap stocks, although there has been a recent pullback in the 'glorious seven stocks.'
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Analisis: Pasar akan menyambut gelombang penurunan suku bunga pada bulan September.
Data Golden July 25th, although the better-than-expected US second-quarter GDP data may ease some concerns about the economy, analysts pointed out that the core personal consumption expenditure price index (PCE) higher than the expected 2.9% may bring trouble to the Federal Reserve. Emma Wall of Hargreaves Lansdown said in a report: "Although it is above the target, it is declining, coupled with strong economic growth data, which reduces the pressure on the Federal Reserve to cut interest rates next week." "We expect the Federal Reserve, the European Central Bank, and the Central Bank of England to cut interest rates in September, which will be a rate cut trend. For investors in the US stock market, we believe that there are better value small-cap stocks, although there has been a recent pullback in the 'glorious seven stocks.'