Analyst: The US economy does not need to cut interest rates

BlockBeats News: On June 9th, after releasing a robust employment report last Friday, investors expect the Federal Reserve to not cut interest rates before September. Piper Sandler analyst Nancy Lazar wrote that although the US economy may weaken, even if the Federal Reserve does not cut interest rates, the economy will still maintain its growth momentum. Firstly, considering the typical lag effect, the Fed's interest rate cuts last year may not have fully taken effect. On the other hand, reducing the size of the federal government will free up labor for the private sector. Our basic prediction is that the US economy does not need more interest rate cuts. The current economic weakness is the roller coaster effect of tariff policies. (Golden Ten)