Reported 2 days ago
As the September meeting approaches, the Federal Reserve finds itself under increased scrutiny due to a unique quirk in its calendar—leading to the longest gap between policy meetings this year. Comments from Fed Chair Jerome Powell have raised doubts about a possible rate cut, with market reactions reflecting a drop in the perceived likelihood from 65% to 45%. The upcoming data releases, particularly regarding employment and inflation, may further complicate the Fed's decision-making process, introducing significant uncertainty in their approach to inflation management.
Source: YAHOO