Express
Analyst: Even with worsening inflation, Fed's rate cut expectations in September difficult to change
Summary: According to sources, analyst Chris Anstey stated that prior to the release of inflation data, the market had already fully expected the Fed to cut rates in two weeks. To make traders abandon this expectation, it may require extremely strong job growth data and a high CPI report. Even if the upcoming CPI data shows ...
According to sources, analyst Chris Anstey stated that prior to the release of inflation data, the market had already fully expected the Fed to cut rates in two weeks. To make traders abandon this expectation, it may require extremely strong job growth data and a high CPI report. Even if the upcoming CPI data shows worsening inflation, a rate cut seems to be a foregone conclusion.
Last Update:
Tags:
Link: Analyst: Even with worsening inflation, Fed's rate cut expectations in September difficult to change [Copy]
Tags:
Link: Analyst: Even with worsening inflation, Fed's rate cut expectations in September difficult to change [Copy]
