Wall Street’s September Fed rate cut bets still hinge on next data
Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way
Related reading
Wall St reins in rate cut bets on inflation concerns
Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen
Stocks’ irrational rate-cut rally
And the prospects for a Hassett-led Fed
Jay Powell to push back on calls for Federal Reserve rate cuts as soon as July
US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices
Top Federal Reserve official signals uncertainty over September interest rate…
Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month
White House presses Federal Reserve for ‘dramatically lower’ rates as meeting…
Jay Powell expected to widen rift with Trump by keeping monetary policy unchanged at Wednesday’s meeting
Brace for the Fed’s Maga makeover
Jay Powell’s Jackson Hole speech is a prelude to much bigger changes coming at the central bank