Why We Think The Federal Reserve Will Hold Out For A September Rate Cut

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels
 

With favorable economic data providing officials with greater confidence that US inflation is moving steadily along the right path, we think that Wednesday’s FOMC meeting should offer a clearer hint that the Federal Reserve’s next move will be an interest rate cut.

Video Length: 00:01:21


Why we think the Federal Reserve will hold out for a September rate cut

ING's James Knightley on why the Fed is unlikely to cut rates at this week's meeting despite inflation moving inflation closer towards its 2% target – and why he thinks September is set to be the turning point for US monetary policy. For more details, please see our full preview here.


More By This Author:

Asia Morning Bites - Big Week Coming Up For Asia
The Commodities Feed: Speculators Head For The Exit
FX Daily: A Hike, A Hold And A Cut

Disclaimer: This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments