Macro Matters: Fed's September hike 'isn't off the table'
Traders are dialing back bets on a September Fed rate hike after subdued US underlying inflation last month. The 'hawkish bar has been raised,' economist Odeta Kushi says, but with more key inflation and economic data still to come, the Fed isn’t off the hook just yet.
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Video Summary
AI GeneratedThe Federal Reserve remains in a data-dependent holding pattern, weighing subdued inflation and a cooling labor market against potential energy shocks. While recent reports have reduced the urgency for a September rate cut, policymakers are monitoring whether price pressures broaden across sectors or if labor market deterioration necessitates a shift in policy.
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