• 11/25/2024

Nick Timiraos | What the July CPI May Mean for the Fed

Wall Street Journal

On the eve of the Federal Reserve’s last meeting, it looked like the July consumer-price index report might serve as one final hurdle to clear ahead of a September rate cut. But weaker-than-expected labor-market data since then suggests a cut is probably likely even if the CPI report is on the firm side.

https://www.wsj.com/articles/nick-timiraos-what-the-july-cpi-may-mean-for-the-fed-f213f788