With favorable economic data providing officials with greater confidence that US inflation is moving steadily along the right path, we think that Wednesday’s FOMC meeting should offer a clearer hint that the Federal Reserve’s next move will be an interest rate cut
Why We Think the Federal Reserve Will Hold Out for a September Rate Cut
ING's James Knightley on why the Fed is unlikely to cut rates at this week's meeting despite inflation moving inflation closer towards its 2% target – and why he thinks September is set to be the turning point for US monetary policy.
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