Market Insight: Slower inflation 'could offer the Fed a chance to ease in July'

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Published May 18, 2024

After a week of cooler economic data, markets are now pricing in a 70% chance of a first Fed cut in September, but EY Parthenon's chief economist Gregory Daco tells Reuters a cut could come as soon as July, and policymakers should be aware of the impact of high rates on Americans who are struggling to make ends meet.

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Market Insight: Slower inflation 'could offer the Fed a chance to ease in July' | REUTERS

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