Viewpoint: Radical interest rate cuts may damage the reputation of the Federal Reserve, and this meeting is expected to reaffirm patience

According to BlockBeats, on July 30th, Benoit Anne, Managing Director of MFS Investment Management, stated that the Federal Reserve is currently lagging behind. We all believe that there will be more interest rate cuts in the future, but it is currently unclear when they will begin, "he said. He pointed out that the ongoing controversy surrounding political intervention and the independence of the Federal Reserve has seriously disrupted the decision-making environment. He warned that "if the Federal Reserve rashly takes aggressive interest rate cuts in the coming months, it may bring certain reputational risks." In view of this, it is expected that the Federal Reserve will particularly emphasize its "patient" stance and reaffirm its cautious decision-making attitude at the FOMC meeting. (Golden Ten)