Fed could open the door to a September rate cut this week
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The US Federal Reserve may signal this week that interest rate cuts are on the way; Fed officials have been wary of cutting rates too soon and reigniting inflation; Most analysts and traders do not expect the Fed to start cutting rates in July; Recent data indicates that inflation continues to slow toward the US central bank’s long-term target of two percent; Fed chair Jerome Powell can use the July meeting to lay the groundwork for a September rate cut; Futures traders are now completely convinced that the first rate cut will come by mid-September; A September rate cut would thrust the independent US central bank into the middle of a heated presidential election campaign between Kamala Harris and Donald Trump; Assuming that the Fed does make its first rate cut in September, most analysts expect policymakers to make at least one more rate cut before the end of the year

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https://www.brecorder.com/news/40314765/fed-could-open-the-door-to-a-september-rate-cut-this-week