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Next Week's Macro Outlook: Powell to 'Battle' Market Expectations for Rate Cuts
Summary: Over the past week, US economic data has been mixed, leading to fluctuating market expectations for a rate cut by the Federal Reserve. Data released on Friday showed a surprise drop in consumer confidence for the first time since April, along with rising inflation expectations. Speculation about the Fed resuming rate cuts has led to ...
Over the past week, US economic data has been mixed, leading to fluctuating market expectations for a rate cut by the Federal Reserve. Data released on Friday showed a surprise drop in consumer confidence for the first time since April, along with rising inflation expectations. Speculation about the Fed resuming rate cuts has led to a second consecutive week of decline in the US dollar index, falling below 98. US bond yields have generally risen amid inflation concerns, with long-term yields leading the way, with the 10-year...
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Link: Next Week's Macro Outlook: Powell to 'Battle' Market Expectations for Rate Cuts [Copy]