US Markets Wrap: Fed Chair Powell pours cold water on Sept cut hopes
Jul 31, 2025
07:30
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Damian McIntyre, Head of Multi-Asset Solutions, Federated Hermes discusses what the lower prospects of a rate cut will mean for markets, as uncertainty over the impact of tariffs loom. He also highlights the largely positive earnings season so far, where about 75 percent of companies that have reported have beaten expectations.