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Fed minutes point to ‘likely’ rate cut in September 8/21/24 episode artwork

EPISODE · Aug 21, 2024 · 35 MIN

Fed minutes point to ‘likely’ rate cut in September 8/21/24

from Power Lunch · host CNBC

Fed officials moved closer to a long-awaited interest rate cut at their July meeting, but stopped short while indicating that a September cut had grown increasingly probable, according to minutes released today. We’ll tell you all you need to know ahead of tomorrow’s Jackson Hole summit. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Fed officials moved closer to a long-awaited interest rate cut at their July meeting, but stopped short while indicating that a September cut had grown increasingly probable, according to minutes released today. We’ll tell you all you need to know ahead of tomorrow’s Jackson Hole summit.

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Fed minutes point to ‘likely’ rate cut in September 8/21/24

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How long is this episode of Power Lunch?

This episode is 35 minutes long.

When was this Power Lunch episode published?

This episode was published on August 21, 2024.

What is this episode about?

Fed officials moved closer to a long-awaited interest rate cut at their July meeting, but stopped short while indicating that a September cut had grown increasingly probable, according to minutes released today. We’ll tell you all you need to know...

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