*Walter Bloomberg|Jul 02, 2025 15:56
JULY LIKELY TOO SOON TO SEE A FED CUT
Rate cuts may come later in 2025, but July is likely too soon, Allspring’s Michael Bird tells WSJ. “It would take a lot of negative data for the Fed to move now,” he says. Futures markets agree, though the odds of a July cut rose to 25% after weak ADP payroll data.
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