Fed Likely to Cut Rates Amid Softening Inflation and Jobs Data
TL;DR Summary
The recent CPI and jobs reports suggest the Federal Reserve will likely cut interest rates in the coming months due to easing inflation, particularly in shelter costs, and a cooling labor market, supporting a bullish outlook for equities, especially in tech and productivity-driven sectors.
Topics:business#cpi-inflation#economy#fed-rate-cuts#labor-market#market-implications#shelter-inflation
- CPI And Jobs Reports Leave Fed Little Choice But To Cut Rates Forbes
- Dollar slips as US inflation data backs September rate cut Reuters
- Wall Street now sees 3 Fed rate cuts before year-end CNBC
- Bond Traders’ High Hopes for September Rate Cut Hinge on CPI Bloomberg.com
- Treasury Market Sees a Clear Path to a September Rate Cut Barron's
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