Federal Reserve signals potential rate cuts; investors await a rate reduction in September.
Stock futures remain mostly unchanged after the Federal Reserve's signal of potential rate cuts. Investors await a rate reduction, especially after early August's concerning economic data raised concerns about the US economy. Wall Street anticipates a rate cut at the Fed's September policy meeting. Key economic data, including initial jobless claims and the July personal consumption expenditures reading, will be closely watched by investors.
7 months ago
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