The Fed has pressed pause on initiating a rate cut. In terms...

The Fed has pressed pause on initiating a rate cut. In terms of short-term inflation, it needs to hold the line for a longer period of time. august could be a starting point, but as the old adage goes, the data decides everything. The recent sticky inflation trend has not been kind to policymakers. The Fed lacks confidence that inflation will not increase further. Regarding easing monetary policy, more time is needed to accumulate enough confidence. This is entirely about confidence. It always is. $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$