Baosheng Group: Weak US economic data will lead the Fed to cut interest rates consecutively.

According to Jin10 data on September 17, analyst David Kohl from Baosheng Group stated in a report that the Fed will lower the interest rate by 25 basis points, and the recent weak performance of U.S. economic data suggests that the Fed may continue to cut rates at each meeting until March 2026. The chief economist pointed out that this will shift U.S. monetary policy from its current restrictive stance to a neutral stance. He said, “We expect the U.S. economy to maintain a balanced growth momentum in the coming months, which provides a reasonable basis for the gradual transition of monetary policy from restrictive to neutral.”