The Federal Reserve's megaphone: July CPI may not be enough to prevent a September rate cut
2025-08-12 13:24:39
Nick Timiraos: After the July jobs report was released, the threshold for interest rate cuts changed. Originally, if the CPI data were high today, the plan to cut interest rates in September could be disrupted. The July CPI data is not "inflation-free", but it may not be hot enough to prevent the September rate cut.
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