Reported 2 months ago
The Federal Reserve is facing immense pressure to cut interest rates as the U.S. job market experiences a sharp slowdown leading to global stock market fluctuations. However, current analysis suggests that an emergency rate cut before the next scheduled meeting in September is unlikely. Fed officials emphasize a focus on employment and price stability rather than reacting to market movements. While some analysts predict a potential cut in September, history indicates that unexpected cuts during market turmoil typically occur under significantly different circumstances.
Source: YAHOO