Economist Warns Markets Overestimating Rate Cut Moves

Reported about 2 months ago

Economists Nathan Sheets and Nicholas Brooks discuss the July Consumer Price Index report, which showed a 0.2% price rise from June, aligning with expectations and indicating ongoing disinflation. They suggest that while there may be a chance for the Federal Reserve to cut interest rates in September, market expectations for cuts may be overly optimistic despite a generally stable economic outlook.

Source: YAHOO

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