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Don't Count on a Fed Rate Cut to Boost Stocks -- Barrons.com
The Fed interest rate decision is approaching! Maintaining status quo this week has become a consensus, and the market is eagerly awaiting signals of a rate cut in September.
Most Fed observers expect that the Fed will not ease monetary policy this week, but policymakers will prepare for a rate cut in September.
The demand continues to decline, and the prosperity of the US manufacturing industry is fading.
Producers of durable goods such as automobiles, agricultural machinery, and washing machines all anticipate a challenging business environment for the remaining time this year as consumer demand in the USA slows down, and have begun to lay off employees and reduce production.
