September

Odds of September rate cut surge to nearly 90% as inflation cools faster than expected

sitox Inflation rates continued to ease in June, spurring traders in the fed funds futures market Thursday to boost the odds that the Federal Reserve will begin cutting interest rates at its September meeting. The probability of a September rate cut of 25 basis points shot up to 87.9% fromContinue Reading

Day 2 of Powell on the Hill: SA Sentiment sees rate cuts starting in September

In: Finance

FotografieLink/iStock via Getty Images Get ready for Day 2 of testimony from Fed Chair Jerome Powell. Fresh off an appearance before the Senate Banking Committee, the central bank leader will sit before the House Financial Services Committee, with many investors watching his every word on rates, the current environment, andContinue Reading

Odds of September rate cut surge to nearly 90% as inflation cools faster than expected

Day 2 of Powell on the Hill: SA Sentiment sees rate cuts starting in September

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