Rate Cut in September? Fed Weighs In

Will the Federal Reserve cut interest rates in September? St. Louis Fed President Alberto Musalem remains hesitant, citing persistent inflation, while Chair Jerome Powell suggests a cut is possible if inflation eases and employment risks rise. The decision hinges on upcoming data, especially the August jobs report, which will heavily influence the Fed's updated forecasts and September meeting outcome. Hosted on Acast. See acast.com/privacy for more information.