
Invesco: Expects the Federal Reserve to cut interest rates once again in December, continues to be optimistic about gold

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Invesco Asia-Pacific Global Market Strategist Zhao Yaoting expects the Federal Reserve to cut interest rates once more in December, although the market's expectations for consecutive rate cuts may be overly extreme. He pointed out that future rate cuts will depend on data, and the slowdown in the U.S. economy and rising unemployment will influence policy direction. The Federal Reserve is expected to maintain a gradual easing policy, with a long-term positive outlook on gold, but the increase next year may be limited
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