Markets Anticipate September Fed Rate Cut Amid Easing Inflation
TL;DR
US Treasury Secretary Scott Bessent has called for a half-point interest rate cut at the upcoming Fed meeting, amid mixed inflation data and market optimism about easing monetary policy, which has driven global stock markets to record highs.
Topics:top-newsbusiness#business#fed-meeting#interest-rate-cut#market-expectations#scott-bessent#us-interest-rates
- US treasury secretary Scott Bessent calls for half-point interest rate cut at next Fed meeting – business live The Guardian
- BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September CNBC
- Markets have convinced themselves they’ll get a September interest rate cut—now they’re eyeing a double reduction Fortune
- Bessent Sees 'Very Good Chance' of Jumbo Rate Cut in September The Wall Street Journal
- Nomura sees Fed rate cut in September as inflation cools Reuters
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