“Not so soon” - That’s what Chair Jerome Powell signalled in his speech, following the latest interest rate decision, to the traders eagerly hoping for an interest rate cut to begin soon. Policymakers once again cemented the end of their aggressive campaign to push up interest rates, and sought to reset expectations for how soon and how fast they’ll cut this year. On Money in the Market, Hongbin Jeong speaks to Vishnu Varathan, Head of Economics & Strategy, Asia at Mizuho Bank, to find out more about the latest interest rate decision and when we could expect a rate cut now. 

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