The Federal Reserve is widely expected to start cutting interest rates at the Sep. 18 FOMC meeting, but the debate is turning to how far the central bank will trim its policy rate once the easing begins? A key part of the answer will be determined by how much the neutral rate has increased, if at all, in recent years.
Daily Archives: July 19, 2024
Macro Briefing: 19 July 2024
* Mass IT outage has causes chaos for businesses around the world
* Key U.S. mortgage rate drops to lowest since March: Freddie Mac
* US leading economic index fell slightly in June
* Manufacturing activity expands in July for Philadelphia Fed region
* US jobless claims rose last week, matching highest level so far in 2024:
