Markets Are Near-Certain of a September Rate Cut as More Presidents Turn Dovish Overnight

Markets are near-certain of a September rate cut as more presidents turn dovish overnight

A sharp downgrade to U.S. jobs data has shifted sentiment at the Fed, with top officials like Neel Kashkari and Mary Daly now signaling support for rate cuts amid signs the labor market is weakening. Economists, including Wharton’s Jeremy Siegel, expect the first cut in September—and warn that if Powell delays, political blowback could threaten the Fed’s independence. For the majority of 2025, analysts and investors have begrudgingly backed the …

Fed’s Kashkari says slowing economy could bring rate cut soon

The Minneapolis Fed President pointed to weaker hiring, slower spending and cooling inflation as reasons for a rate cut in the coming months

Fed policymakers signal rising angst about cooling economy - Regional Media News

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Less than a week after deciding against an interest-rate cut, some Federal Reserve policymakers are signaling rising angst about a cooling U.S. labor market and a slowing economy, even as they continue to express uncertainty about the outlook for inflation, which remains stuck above the Fed’s 2% goal. Minneapolis Fed President Neel Kashkari on Wednesday said that for him, it all adds…

Fed's Kashkari reaffirms case for two cuts, says economy slowing - Action Forex

Minneapolis Fed President Neel Kashkari reiterated his view that two rate cuts in 2025 remain a reasonable base case, telling CNBC today that “the economy is slowing — and that means, in the near term, it may become appropriate to start adjusting the federal-funds rate.” The comment aligns with growing expectations for a September cut, […] The post Fed’s Kashkari reaffirms case for two cuts, says economy slowing appeared first on Action Forex.