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.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Sumber: trtworld - 🏆 101. / 63 Baca lebih lajut »