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What to expect from the Fed this week
The Fed this week probably won't be too explicit about its plans over the next few months. But a close look at its communications will likely show new confidence that rate cuts are coming soon. Why it matters: Throughout 2024, officials have said a rate cut would only come after either more proof of receding inflation or a job market slowdown. Recent data has pointed toward both, but the Fed looks set to wait a bit longer before lowering rates. • "Waiting a month or so won't make that big of a difference, and it would give them more confirmation that some of the cooler inflation numbers are becoming more ... (full story)
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- Posted: Jul 29, 2024 2:15pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,623
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