Analyst: The Federal Reserve has provided everything the market expected.

On August 1st, Jinshi Data, Mercer Advisors analyst Don Calcagni said: The Fed’s inaction is the right thing to do. They won’t tell you the timing. What I see here is that the Fed acknowledges that risks are becoming balanced, and if they want to cite a reason for cutting interest rates, it’s best to use these data points to manage market expectations. They emphasize these data points in their communication, which tells me that we are closer to a future rate cut, and the next meeting will naturally be in September. The market’s reaction is positive. Today’s expectation is that the Fed will signal a rate cut. The Fed has provided everything the market expected today. There is no indication that the Fed’s actions exceeded market expectations.