The Fed’s Rate Cut Calculus & Betting Olympic Odds 07/12/24
Squawk Pod
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Federal Reserve's Focus Shift and Market Speculation
The chapter explores how the Federal Reserve is adjusting its focus due to changes in the labor market, with discussions on Chair Powell's recent testimony emphasizing both employment and inflation goals. There is speculation surrounding the upcoming Fed meeting and whether economic indicators justify an immediate rate cut or if the Fed should wait for more evidence before making a decision.
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