Is inflation really slowing? Fed rate hike hinges on July price report.
A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.
A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.
BELLINGS Intelligence Score: 38
Why it matters
The inflation trajectory and Federal Reserve rate decisions are closely watched by credit-market professionals as they influence interest rates, credit availability, and market liquidity; however, this report is anticipatory and hinges on upcoming data rather than a definitive policy shift, making it notable market activity but not yet a significant event.
Sources
MarketWatch
Is inflation really slowing? Fed rate hike hinges on July price report.
A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.