22nd August 2024

  • Fed Minutes Show Several Saw Case for Cutting Rates in July (2)

‘Vast majority’ saw a September cut as likely appropriate

Some saw a risk of more serious labor-market deterioration

https://blinks.bloomberg.com/news/stories/SIL15RT0G1KW

  • Powell Confronts Policy Crossroads With All Eyes on Jackson Hole

Fed chair to deliver hotly anticipated speech on Friday

Markets await signal on rate cuts coming as soon as September

https://blinks.bloomberg.com/news/stories/SIGZYBDWX2PS

  • US Payrolls Marked Down by Most Since 2009 in Preliminary Data

Early revision showed 818,000 fewer jobs in year through March

Pace of job growth still healthy but moderation began sooner

https://blinks.bloomberg.com/news/stories/SIKTHLT0G1KW

  • Banks Obtained Crucial Jobs Data While Report Was Delayed (2)

Amid delay at least three banks just called and got figures

Wall Street was waiting on data to confirm rate-cut bets

https://blinks.bloomberg.com/news/stories/SIL7GET1UM0W

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