Market Insight: Fed already 'a little bit late now' in moving to rate cuts

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Published Jul 11, 2024

Market bets on a Fed rate cut in September have reached 85%, according to Fed funds futures markets, after US consumer prices unexpectedly fell in June. Economist Gregory Daco of EY Parthenon told Reuters that policymakers could already have moved to cut in June or July
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Market Insight: Fed already 'a little bit late now' in moving to rate cuts | REUTERS

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