[CITIC Securities: Federal Reserve is expected to cut interest rates three times this year] CITIC Securities research report states that Powell's speech at the Jackson Hole Merkez Bankası summit aligns with our previous expectations, emphasizing the downside risks in the labor market and continuing the view from the July interest rate meeting that "tariff inflation is transitory," paving the way for a rate cut in September. We maintain our previous view, expecting the Federal Reserve to cut interest rates three times this year, each by 25bps. Regarding the adjustment of para politikası framework, the Federal Reserve has abandoned the average inflation targeting regime, returning to a flexible inflation targeting regime, and has modified its wording to emphasize the importance of tracking "two-way" labor market risks.
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CITIC Securities: Federal Rezerv (FED)'in yıl içinde peş peşe üç kez faiz indireceğini öngörüyor.
[CITIC Securities: Federal Reserve is expected to cut interest rates three times this year] CITIC Securities research report states that Powell's speech at the Jackson Hole Merkez Bankası summit aligns with our previous expectations, emphasizing the downside risks in the labor market and continuing the view from the July interest rate meeting that "tariff inflation is transitory," paving the way for a rate cut in September. We maintain our previous view, expecting the Federal Reserve to cut interest rates three times this year, each by 25bps. Regarding the adjustment of para politikası framework, the Federal Reserve has abandoned the average inflation targeting regime, returning to a flexible inflation targeting regime, and has modified its wording to emphasize the importance of tracking "two-way" labor market risks.