Despite the US data on Tuesday a September cut remains priced in ...Middle East

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US data released Tuesday was strong, ICYMI summary here:Forexlive Americas FX news wrap 16 Jul. The shift into the Russell 2000 and Dow continuesBank of Montreal cite a less hawkish Powell:A Fed cut in September remains effectively fully priced in even with consumption and imported inflation surprising on the upside. The price action reflected the fact that Powell has seen enough justification in Q2’s inflation profile to leave a Q3 cut as a reasonable assumption while the prospects of slower spending won’t be sufficient to spur the Fed into action in the very near-term (i.e. no cut on July 31st).A willingness to look beyond the final few June datapoints and consider the entire month’s (and

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Despite the US data on Tuesday a September cut remains priced in ...Middle East

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