U.S PCE inflation figures, alongside data on the U.S. economy, are likely to take center stage as investors anticipate that the Federal Reserve will cut interest rates next month.
The Federal Reserve has three policy meetings left in 2024. Investors expect the central bank to enact its first cut of this interest rate cycle at its next meeting, in mid-September.
The Federal Reserve has three policy meetings left in 2024. Investors expect the central bank to enact its first cut of this interest rate cycle at its next meeting, in mid-September.
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