MOHAMAD NABIL
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The latest sign that inflation is cooling makes it more likely the Federal Reserve will be able to gain enough confidence to cut interest rates this fall.
The odds of a cut in September jumped Thursday after the release of favorable new numbers from the Consumer Price Index (CPI), with traders now pricing in an 83% probability of an easing at the Fed's meeting on Sept. 17-18.
"I think it puts September firmly on pace for a ...
The odds of a cut in September jumped Thursday after the release of favorable new numbers from the Consumer Price Index (CPI), with traders now pricing in an 83% probability of an easing at the Fed's meeting on Sept. 17-18.
"I think it puts September firmly on pace for a ...
![Cooler inflation reading helps the case for a Fed rate cut in September](https://ussnsimg.moomoo.com/sns_client_feed/103819563/20240712/efcc7d0dce68889d084b5d77759c0222.jpg/thumb?area=999&is_public=true)
![Cooler inflation reading helps the case for a Fed rate cut in September](https://ussnsimg.moomoo.com/sns_client_feed/103819563/20240712/91982e6dca8a72abe65f6a258611e053.jpg/thumb?area=999&is_public=true)
![Cooler inflation reading helps the case for a Fed rate cut in September](https://ussnsimg.moomoo.com/sns_client_feed/103819563/20240712/34757db92cc5fe90a28f168183c78345.jpg/thumb?area=999&is_public=true)
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MOHAMAD NABIL
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The big question going into the Federal Reserve's meeting Wednesday comes down to how strongly officials signal their desire to cut rates.
The central bank is widely expected to hold its benchmark short-term interest rate steady -- in a range between 5.25% and 5.5%, a two-decade high -- while setting the table to begin a series of reductions at the next meeting in mid-September.
The Fed releases its policy statement at 2 p.m. Eastern tim...
The central bank is widely expected to hold its benchmark short-term interest rate steady -- in a range between 5.25% and 5.5%, a two-decade high -- while setting the table to begin a series of reductions at the next meeting in mid-September.
The Fed releases its policy statement at 2 p.m. Eastern tim...
![Investors on Alert for Fed Signals of September Rate Cut.](https://sgsnsimg.moomoo.com/sns_client_feed/102397652/20240730/1722339008837-random2161-102397652-android-org.jpeg/thumb?area=104&is_public=true)
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