Economist: The Fed will cut interest rates twice in the second half of this year

Planet Daily News: Senior Economist Melanie Baker from London Royal Asset Management stated in her report that she still expects the Federal Reserve to cut interest rates twice in 2025, but not before the second half of the year, when the economy is expected to show more clear signs of slowdown. She pointed out that recession risks have increased, and the economic growth prospects for both the global economy and the United States have deteriorated. However, she currently remains in the "economic slowdown" camp rather than the "economic recession" camp, as tariff parity has been suspended and there are indications that Trump is responding to market pressures. (Jintian)