Global stocks jumped on Friday as traders wagered Federal Reserve Chair Jerome Powell will confirm an expected cut to interest rates in September during his speech today. Markets are pricing in about a 94% chance of a rate cut in September, and President Donald Trump has called for more aggressive reductions. However, strong employment and retail sales data, along with resistance from three Fed policymakers, means another rate cut isn't guaranteed.
Global stocks jumped on Friday as traders wagered Federal Reserve Chair Jerome Powell will confirm an expected cut to interest rates in September during his speech today. Markets are pricing in about a 94% chance of a rate cut in September, and President Donald Trump has called for more aggressive reductions. However, strong employment and retail sales data, along with resistance from three Fed policymakers, means another rate cut isn't guaranteed.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: WSJ - 🏆 98. / 63 Leer más »
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Fuente: trtworld - 🏆 101. / 63 Leer más »