News list for "Powell obviously"

Kathy Bostjancic, chief economist at Nationwide, said the Fed would cut rates by a cumulative 75 basis points by the end of the year. "Powell has taken a significantly more dovish tone and left the door wide open for a September cut, arguing that downside risks to employment are rising significantly," she said. "This supports our assessment of a 25 basis point cut next month, and we continue to expect a cumulative 75 basis point cut by the end of the year as the labour market weakens further and...

2025-08-22 15:47:56