US Inflation Figures Prompt Expectations of September Rate Cut by Federal Reserve
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#df25ce9f ver:0.48

US inflation figures prompt expectations of September rate cut by Federal Reserve. Wall Street expects a 93% chance of a rate cut, with economists predicting two cuts in 2024. If rates aren't cut, cracks could deepen in the labor market. Pound surges, US borrowing costs decline. FedWatch tool indicates a 69% chance of a rate cut in September. Fed must carefully weigh timing of cuts. Decision politically sensitive ahead of US election. Investment managers predict rate cut in September. Lower inflation figures support case for rate cut. #inflation #FederalReserve #ratecut #economy...

#newstr #UsInflation #FederalReserve #InterestRates #UsEconomy #RateCut 

 https://here.news/story/df25ce9f?ver=0.48