Reported about 2 months ago
Recent inflation data, indicating an annual CPI below 3%, gives the Federal Reserve more flexibility to consider interest rate cuts, with expectations for a first cut arriving in September. However, the focus has shifted from whether to cut rates to how much to reduce them, as market sentiment fluctuates following previous financial turmoil. Upcoming economic reports will further guide the Fed's decision-making process as it balances inflation control with employment concerns.
Source: YAHOO