Markets Are Near Certain of a September Rate Cut as More Presidents Turn Dovish Overnight

Markets are near certain of a September rate cut as more presidents turn dovish overnight

Neither president Kashkari nor president Daly—nor governor Cook—dissented at the July meeting. With governor Christopher Waller and FOMC member Michelle Bowman already lobbying for a cut, the ranks of the dovish are growing by the day.

Fed’s Kashkari says slowing economy could bring rate cut soon

The Minneapolis Fed President pointed to weaker hiring, slower spending and cooling inflation as reasons for a rate cut in the coming months

Fed policymakers signal rising angst about cooling economy - Regional Media News

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Less than a week after deciding against an interest-rate cut, some Federal Reserve policymakers are signaling rising angst about a cooling U.S. labor market and a slowing economy, even as they continue to express uncertainty about the outlook for inflation, which remains stuck above the Fed’s 2% goal. Minneapolis Fed President Neel Kashkari on Wednesday said that for him, it all adds…

Fed's Kashkari reaffirms case for two cuts, says economy slowing - Action Forex

Minneapolis Fed President Neel Kashkari reiterated his view that two rate cuts in 2025 remain a reasonable base case, telling CNBC today that “the economy is slowing — and that means, in the near term, it may become appropriate to start adjusting the federal-funds rate.” The comment aligns with growing expectations for a September cut, […] The post Fed’s Kashkari reaffirms case for two cuts, says economy slowing appeared first on Action Forex.