Currently, there are five main factors influencing the Fed's monetary policy decisions, four of which indicate that there is no need for a rate cut at this time. Let's delve into these factors:
First, the economic situation is good. The manufacturing and services purchasing managers' index (PMI) remains around 53, staying above the expansion line of 50 for eight consecutive months, indicating a healthy economic operation.
Secondly, the job market is performing strongly. The unemployment rate is only 4.1%, which is at a historic low, indicating that the job market has reached a state of full em
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