Mike Dudas
“the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance” ...
260 days agoMike Dudasmdudas
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Federal Reserve Chair Jerome Powell indicated a potential interest rate cut at the Fed's Sept. 16-17 meeting, citing a "shifting balance of risks" that may warrant policy adjustment. He noted a "marked slowing" in labor supply and demand, suggesting rising downside risks to employment. Investors should monitor interest-rate sensitive assets and economic indicators closely ahead of the September meeting for potential shifts in monetary policy.

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Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol