Week Ahead: Firm US CPI Won't Deter September Fed Rate Cut | Metals Mine

  • Week Ahead: Firm US CPI Won't Deter September Fed Rate Cut

    From marctomarket.com

    It seems clear that the July jobs data was an important turning point. The two dovish governor dissents from the FOMC's decision to standpat, citing not economic strength like the White House, but recognizing the weakness in the labor market, were not outliers as much as the proverbial canaries in a coal mine. The market had recognized the strong chance of a rate cut next month and at least two before the end of the year before President Trump indicated he would nominate Stephen Morin to complete Kruger's term on the Federal Reserve Board. The dollar's counter-trend rally in July ended as well. Follow-through selling ... (full story)

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DuranDuran
Aug 9, 2025 10:08pm
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Rate cut is guaranteed, question now is whether it’s 25 or 50 bps
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The Fool
Aug 9, 2025 8:41pm
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The TrumpFed is going to cave and start cutting just as inflation from the tariffs starts to ramp up. To make things more confusing, the labor data will start to catch up with a flood of illegal immigrant deportations and Federal employee layoffs/retirements. It should be an interesting October.
Trader#EE0E
Aug 10, 2025 3:42am
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It's funny how people say that every couple of months, that the other one should be interesting.
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Trader#C4F9
Aug 10, 2025 6:00am
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I don’t think the rate cut is guaranteed. August CPI data will be released in September prior to Fed decision.
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