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Wall Street now sees 3 Fed rate cuts before year-end
Tuesday's inflation report for July has investors expecting the Federal Reserve will cut rates not once, not twice, but three times before year-end.
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cnbc.com
Wall Street now sees 3 Fed rate cuts before year-end
Tuesday's inflation report for July has investors expecting the Federal Reserve will cut rates not once, not twice, but three times before year-end.
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BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
"We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points," Rick Rieder said.
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fortune.com
Markets have convinced themselves they’ll get a September base rate cut. Now they’re eyeing a double reduction
Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts warn that rising core inflation to 3.1% and upcoming…