The following chart is from Nick Timiraos of "New Fed Communications Agency". It can be seen that most Wall Street institutions that adjusted their forecasts in a timely manner this month expect the Fed to cut interest rates by at least 75 basis points within this year. Citigroup, JP Morgan and Wells Fargo & Co all expect the Fed to cut 50 basis points directly in September.
一图看懂：华尔街机构对美联储降息幅度的最新预估汇总
One chart to understand: Latest summary of Wall Street institutions' predictions for the magnitude of the Fed's interest rate cuts.
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