Research Detail
| 2024/08/01 / Erste Group Research |
US interest rate cut looming As expected, key interest rates were left unchanged at the meeting of the FOMC, the Fed's interest rate-setting committee, which ended yesterday. The statements in the press release remained cautious overall. There was no clear indication of an imminent interest rate cut in September. However, this changed during Fed Chairman Powell's press conference. According to Powell, if the data continues to be good, a rate cut in September would be on the table. |
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General information
| Author | Erste Group Research |
| Date | 2024/08/01 |
| Language |  |
| Product name | Short Notes Major Markets |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | United States |
| Currency in focus | US Dollar |
| Sector in focus | - |
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