Bossgino
@bossgino
There are increasing expectations that the Federal Reserve will implement a rate cut in September 2024. This comes after recent economic data indicated a softening U.S. labor market and slightly cooler inflation. The August employment report showed slower-than-expected job growth, which supports the case for a 25-basis point cut later this month. Some analysts believe this could kick off a series of cuts to help stimulate the cooling economy
0 reply
0 recast
0 reaction