Fed Rate Cut Highly Likely in September Due to Inflation Slowdown
Thursday, 11 July 2024, 15:33
Fed Rate Cut Probability Surge
The likelihood of a September rate cut by the Fed has surged to nearly 90%, fueled by rapidly slowing inflation rates following the release of the June CPI report.
Market Impact
Investors are closely monitoring the situation, assessing the implications of a potential policy shift by the central bank.
- Market analysts are revising their forecasts in response to the elevated odds of a rate cut next month.
This event has significant implications for both domestic and global markets, signaling a potential shift in the monetary policy landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.