Russell Investments: Institutions generally expect the Federal Reserve not to raise interest rates again
Russell Investments strategists noted that the US economy's resilience and recovering labor demand make it difficult for the Federal Reserve to signal interest rate cuts. Consequently, institutions widely anticipate that the Federal Reserve will not raise interest rates further. Separately, a new 500 million RMB venture capital fund, Longjiang Venture Capital Investment Partnership, has been established in Heilongjiang province, with investment management by Harbin Baipeng Zhengguo Investment Management Co., Ltd. and Galaxy Innovation Capital Management Co., Ltd. AI