Fundstrat: If the Federal Reserve only cuts rates once, the market will remain strong

ChainCatcher news, according to Golden Ten Data, Fundstrat co-founder Tom Lee stated that although the market is currently pricing in two rate cuts by the Federal Reserve this year, implementing only one rate cut may not necessarily be a bearish signal. He pointed out that the market would interpret this move positively, believing that it is more ideal for the central bank to cut rates when the economy is strong. As initial jobless claims came in lower than expected, market participants have slightly lowered their expectations for Fed rate cuts. Lee emphasized the need for caution, suggesting that the central bank's easing policy should be initiated earlier.