1st August 2024

  • Powell Says Fed Could Cut Rates ‘As Soon As’ September Meeting

Policymakers attentive to ‘both sides’ of dual mandate

Say there has been ‘some’ further progress on inflation

https://blinks.bloomberg.com/news/stories/SHI59WT0G1KW

  • Treasuries Stage Month-End Rally on Hopes of September Fed Cut

Fed stands pat as expected; Friday’s jobs report now in focus

Swaps traders are still pricing in two rate reductions in 2024

https://blinks.bloomberg.com/news/stories/SHI6REDWX2PS

  • Euro-Zone Inflation Sees Surprise Uptick in Headache for ECB (3)

Consumer prices rise 2.6% in July; economists estimated 2.5%

Policymakers weigh whether to cut rates again in September

https://blinks.bloomberg.com/news/stories/SHHGIFT0AFB4

  • BOE Tilted Toward First Rate Cut Since Pandemic: Decision Guide

Central bank has been silent on policy through election season

Investors and economists say this meeting is a close call

https://blinks.bloomberg.com/news/stories/SH8MYRDWRGG0

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