Market Insight: 'Fed's intention is to cool the economy'

25 Views

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Published Jul 4, 2024

ISM services PMI slumped to a four-year low in June, potentially hinting at a loss of momentum in the economy at the end of the second quarter. Other jobs data also pointed to cooling labor market.
Banrion Capital Management's Chief Investment Strategist Victoria Bills says it is actually the Fed's intention to see cooling economic data before it starts cutting rates.

#News #Business #Markets #Fed #Nvidia #Reuters #Newsfeed

???? Subscribe: http://smarturl.it/reuterssubscribe

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Category: World
Tags: reuters, news, world news today

Be the first to comment

Sign in

Create your account

Add Video

Market Insight: 'Fed's intention is to cool the economy' | REUTERS

Up Next