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

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.