U.S. Interest Rates Cuts Could Come Sooner Than You Think

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U.S. interest rate cuts could come sooner than you think

Donald Trump has been heaping pressure on the US Federal Reserve to cut interest rates. And, given the disappointing jobs report last week and weaker growth, he might get his wish in September. Inflation worries are a concern, but we wouldn't be surprised if we get a 25bp cut next month. And our Senior International Economist, James Knightley, says if they do cut then, it would be hard to see them pausing at subsequent meetings this year.

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Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

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