Analyst: Fed may not cut interest rates in July and September

BlockBeats News, July 3rd, analyst Joseph Richter stated that the market may react to the decline in the unemployment rate, but this is only part of the overall situation. However, considering the crucial role of the U-3 unemployment rate in the Fed's reaction function, its decline may not be on the table for a rate cut in July or even September. This is in line with our view on the fourth-quarter trend. (FXStreet)