Several FOMC Members Saw Case for Cutting Rates in July

"The vast majority observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting."

By Craig Torres | August 21, 2024 at 02:40 PM

Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Several Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their meeting on July 30 and 31, before the central bank's policy committee voted unanimously to keep rates steady.

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Core U.S. Inflation Picks up, Dampening Odds of Outsize Fed Cut

By Augusta Saraiva | September 11, 2024

In August, the core CPI increased 2.1% on a three-month annualized basis, picking up from 1.6% in July.

Core U.S. Inflation Picks up, Dampening Odds of Outsize Fed Cut

Why Companies Are Racing to the U.S. Debt Market

By Caleb Mutua & Jeannine Amodeo | September 09, 2024

Borrowing costs have become compelling, as markets are already pricing in expectations for reduced interest rates. And several external factors could reverse that trend.

Why Companies Are Racing to the U.S. Debt Market

Newest Jobs Data Fails to Resolve Debate over Fed Rate Cut

By Amara Omeokwe & Michael Mackenzie | September 06, 2024

"There's a strong argument for a half percent" interest rate cut when the Federal Reserve meets in mid-September. "It's going to be hotly debated."

Newest Jobs Data Fails to Resolve Debate over Fed Rate Cut

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