The Federal Reserve is considering cutting interest rates in July as the economy shows signs of a recession. However, Jefferies warns that the risk of fresh inflation remains too great for an immediate rate cut. The Fed's preferred inflation gauge is expected to show the tamest monthly advance since late 2023, which could influence the decision on rate cuts. This key inflation reading will highlight the last week of Q2, providing crucial data for the Fed's assessment.
🌎 🇺🇸 #Fed’s Key Inflation Gauges May Offer Path to Rate Cuts: Eco Week - Bloomberg https://t.co/nmUMlRlfLe https://t.co/GerPecIzZE
Fed’s Key Inflation Gauges May Offer Path to Rate Cuts via @business https://t.co/D9lwP8EQNb
The Fed's preferred inflation gauge is poised to show the tamest monthly advance since late 2023 https://t.co/7iuTEcnGoj via @economics @DoubleTGolle @CraigStirling @ZSchneeweiss @RosKrasny
Fed's favorite inflation reading highlights last week of Q2: What to know this week https://t.co/uQFk4plSg4 by @MylesUdland
Fed could cut interest rates in July as economy shows recession signs https://t.co/kfsqrT6pqR
Fed can cut rates, but won't yet as risk of fresh inflation 'too great:' Jefferies https://t.co/cEsWLN4VEO https://t.co/GTFsMrFyaY