July delivered data showing U.S. consumer sentiment rising and inflation easing, adding to growing optimism that the economy will avoid a recession and encourage the Federal Reserve to end its cycle of interest rate increases.
As anticipated, the Federal Reserve pushed its key policy rate to a 22-year high last week with another 0.25% interest rate hike. But investors are betting that might be it for a while.
July delivered data showing U.S. consumer sentiment rising and inflation easing, adding to growing optimism that the economy will avoid a recession and encourage the Federal Reserve to end its cycle of interest rate increases. |
AuthorDavid Alan Carter, author of the books: Archives
January 2025
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