US media: The Fed will start the interest rate cut process at the September meeting.

[U.S. media: The Fed will start the interest rate cut process at the September meeting] According to U.S. media reports, there is widespread expectation that the Fed will initiate the interest rate cut process at the monetary policy meeting held on September 16-17. The weak job market has increased market expectations for this round of rate cuts. The Chicago Mercantile Exchange's FedWatch Tool predicts a high likelihood that the Fed will cut rates by at least 25 basis points in September. In addition, this week, several central banks will also make interest rate decisions, involving economies that account for about two-fifths of the global economic total. It is expected that the Fed will cut rates by 25 basis points, with Canada and Norway possibly similar, while some other economies may be more cautious. (CCTV News)