Can the United States cut rates?
FRB(Federal Reserve System)has, in the3/20 FOMC(Federal Open Market Committee), announced the holding of interest rates for a fifth consecutive meeting, and maintained expectations for three more rate cuts this year.However, given the current monetary financial environment, there is no need for rate cuts in the U.S. economy. This explains the potential impact on financial markets and the USD/JPY exchange rate if unnecessary rate cuts were to commence.
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