Scott Bessent questions whether Powell should cut rates by 0.50bps in September

Business

Scott Bessent Questions Whether Powell Should Cut Rates By 0.50Bps In September

By Fortune

Investors are pricing in a more than 96% chance of the Fed cutting the base rate in September, following a cooler than expected inflation report for July, released yesterday. But this isn’t the only pressure Jerome Powell and the Federal Open Market ...Read more

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