Calm Markets Brace for Fed Chair Powell's Views on Disinflation Trend and Rate Adjustments
Monday, 15 July 2024, 12:59
Market Stability Amidst Uncertainties
Today, global financial markets exhibit a steady yet uncertain trajectory. While major European stock indices experience slight dips, US futures suggest a promising beginning. Investors exemplify resilience post the recent events, retaining a poised attitude.
Fed Chair Powell's Crucial Address
- Disinflation Trends: The market eagerly awaits Powell's assessment of the rapid disinflation emerging in the US economic landscape.
- Rate Cut Speculations: Questions arise regarding the possibility of a Fed rate cut in September and the likelihood of additional rate adjustments this year.
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.