Fed Decision Looms as Markets Weigh Impact of Rate Cut Amid Uncertainty
Market expectations are teetering on a knife’s edge as investors anticipate the Federal Reserve’s imminent rate decision. With September swaps pricing in a 55% probability of a half-point reduction, uncertainty prevails over the magnitude of the Fed’s next move. Adding to the complexity, U.S. retail sales have unexpectedly increased, following an upward revision, further clouding […]
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