"Anti-inflation task completed"! Experts call for the Fed to cut interest rates: rental normalization has begun.
Economists say a key indicator shows that prices are returning to normal levels.
Fed committee member 'loosens lips': 'holds an open attitude' towards rate cut in September, can't risk relaxing policy too late
FOMC voter and President of Atlanta Federal Reserve, Bostic, stated that action must be taken as soon as possible considering the continuing cooling of the labor market and the lagging of central bank policy. It is worth noting that just the day before this statement, Bostic reaffirmed his position of rate cuts at the end of the year.
Will July Retail Sales Confirm a Soft Landing -- or Fuel Recession Fears?
BNP Paribas: PPI and CPI Reports Should Clear the Way to a Rate Cut in September
US inflation has cooled for four consecutive months in July, and employment data has become the "roadblock" to the last interest rate cut by the Federal Reserve.
In July, the inflation rate in the USA has dropped for the fourth consecutive month, which gives the Federal Reserve the possibility to decrease interest rates next month.
Goldman Sachs: The US CPI in July is of great concern, but more sensitive to retail sales and jobless claims data this week.
Goldman Sachs Senior Market Consultant Dom Wilson said on Tuesday that investors are preparing for the release of US CPI data for July on Wednesday, but as concerns about economic growth intensify, investors will also remain sensitive to other data this week.
