FED OUTLOOK: SEPTEMBER CUT IN FOCUS
Futures still price a Fed rate cut next month, with -21.8 bps implied for September, -34.9 bps for October, and -55.8 bps by December. NY Fed’s Williams called the September meeting “live,” while Governor Waller is expected Friday to back a -25 bps cut. Next week’s jobs report will be key—further labor weakness would likely seal an easing, even if CPI (Sept. 11) runs hot.The copyright of this article belongs to the original author/organization.
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