Financial Times on Nostr: What clues will Jackson Hole provide about the timing of US rate cuts? ========== The ...
What clues will Jackson Hole provide about the timing of US rate cuts?
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The next Federal Reserve interest rate decision is scheduled for September 18, 2024; markets anticipate three to four quarter-point cuts this year from the current range of 5.25% to 5.5%, the highest in 23 years; European Central Bank faces pressure to cut rates in September following a decline in the ZEW Indicator of Economic Sentiment; ECB will focus on services prices to gauge disinflation before making cuts; comments from analysts suggest the Fed may not signal larger cuts despite potential necessity.
#UsFederalReserve #InterestRates #JacksonHole #Ecb #GlobalEconomy #MarketExpectations #Disinflation #BondYields #EconomicSentiment
https://www.ft.com/content/f1f7107f-7679-46cd-b899-383e5c8e07ca
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The next Federal Reserve interest rate decision is scheduled for September 18, 2024; markets anticipate three to four quarter-point cuts this year from the current range of 5.25% to 5.5%, the highest in 23 years; European Central Bank faces pressure to cut rates in September following a decline in the ZEW Indicator of Economic Sentiment; ECB will focus on services prices to gauge disinflation before making cuts; comments from analysts suggest the Fed may not signal larger cuts despite potential necessity.
#UsFederalReserve #InterestRates #JacksonHole #Ecb #GlobalEconomy #MarketExpectations #Disinflation #BondYields #EconomicSentiment
https://www.ft.com/content/f1f7107f-7679-46cd-b899-383e5c8e07ca