Scudner Group - Stifel

Holding rates steady in July, the Federal Reserve opened the door to a potential rate reduction in September if incoming data gives policy makers confidence that a sustainable disinflationary trend has taken hold. Despite stopping short of a commitment to a rate reduction in the coming weeks, investors nevertheless are pricing in as many as four potential 25 bps cuts by year-end, with some calling for a larger 50 bps reduction to start, or even an emergency reduction ahead of next month's FOMC decision.

The Health of the Labor Market: Stabilization versus Weakness - August 12, 2024 amazonaws.com