Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
Goldman Sachs does not expect the Fed to give much guidance on plans for its next meeting. Possible post-election changes in fiscal policy are another source of risk to the Fed's policy path, although that risk is likely to persist for longer. Mr. Powell's comments at his July press conference suggest the FOMC will be reluctant to respond to possible policy changes because they remain speculative. Even after the election results are announced, the committee is likely to be more...
Bank of Canada Governor Michael McCollum said that we are starting to see some of the impact of the recent rate cuts.
Reserve Bank of Australia President Brock said it is too early to consider a rate cut, and there are no conditions for a rate cut in the near future.