US Federal Reserve officials signal imminent interest rate cuts due to easing inflation.

Top US Federal Reserve officials signal imminent interest rate cuts amid easing inflation. Remarks from Fed Governor Christopher Waller and New York Fed President John Williams suggest a potential reduction in borrowing costs by September. The officials highlighted an improved trajectory for inflation and a balanced labor market, which has led to increased confidence in the ongoing disinflationary trend.

July 17, 2024
27 Articles