Institutional Analysis: Fed Officials' Speeches May Help Calm Market Sentiment

The chief investment officer of HQ Trust, Christian Subbe, stated that the Federal Reserve is not expected to cut interest rates before the September meeting, but officials’ remarks may become more dovish, helping to calm the market. He said that weak data does not necessarily signal a hard landing for the economy, and if necessary, the Federal Reserve has enough room to further drop interest rates. It is expected that the Central Bank of Japan will also take measures to stabilize the market.