Two Blokes

Fed's Focus on Employment Over Inflation, July Rate Cut Would Be a "Surprise"

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    Posted by Two Blokes 8 hours ago - Filed in General - #TwoBlokesTrading  - 1 view
    @CharlesSchwab's Cooper Howard says this week's FOMC decision to keep rates unchanged plus Jerome Powell's commentary points to the central bank's focus on its employment mandate over its inflation mandate. He reacts to Fed Governor Waller's quotes about possibly cutting as soon as July saying it would be a "surprise.