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The Kobeissi Letter: Walsh may be constrained by Trump, market overestimates the possibility of a rate hike in September

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The well-known American political and economic media The Kobeissi Letter expressed its views on platform X, stating, "Trump effectively made interest rate cuts a prerequisite for Walsh to serve as the Federal Reserve Chair. So will Walsh really raise rates in his first adjustment after being appointed by Trump as the Federal Reserve Chair? We believe the market has overestimated the likelihood of a rate hike in September."The Kobeissi Letter, as a domestic American political and economic media outlet, has 2.6 million followers on platform X. This media has published analyses and predictive articles regarding Trump's words and actions multiple times, and Trump has also retweeted reports from this media on the Truth platform.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.