Reported about 18 hours ago
Wall Street is divided on when the Federal Reserve will implement rate cuts amidst ongoing trade tensions and inflation risks. While Goldman Sachs anticipates a rate cut in September, others caution that tariffs and a still-unstable inflation outlook may lead to delays. Pressure from political figures like President Trump further complicates the Fed's decision-making, as many economists express concerns about persistent price risks. As the market awaits the upcoming Consumer Price Index report, uncertainty reigns regarding the Fed's next steps.
Source: YAHOO