FXHedge
FXHedge|Aug 07, 2025 15:30
MARKETS ARE NEAR-CERTAIN OF A SEPTEMBER RATE CUT AS MORE FED PRESIDENTS TURN DOVISH OVERNIGHT (Fortune) A sharp downgrade to U.S. jobs data has shifted sentiment at the Fed, with top officials like Neel Kashkari and Mary Daly now signaling support for rate cuts amid signs the labor market is weakening. Economists, including Wharton’s Jeremy Siegel, expect the first cut in September—and warn that if Powell delays, political blowback could threaten the Fed’s independence. Full article: https://www.msn.com/en-us/money/markets/markets-are-near-certain-of-a-september-rate-cut-as-more-fed-presidents-turn-dovish-overnight/ar-AA1K5bAq?ocid=msedgntp&pc=HCTS&cvid=6894a8f26764418c8dc51bfc4a8fc3cd&ei=21(FXHedge)
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