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TechFlow, August 12 — According to Jinshi Data, "the Fed's mouthpiece" Nick Timiraos reported that after the release of the July employment report, the threshold for rate cuts has changed. If today's CPI data had been very high, the plan for a September rate cut might have been disrupted. The July CPI data is not "inflation-free," but its strength may not be enough to prevent a rate cut in September.
According to Jinshi Data, "Fed whisperer" Nick Timiraos: After the release of the July employment report, the bar for rate cuts has changed. If today's CPI data had been very high, the plan for a September rate cut might have been disrupted. The July CPI data was not "inflation-free," but its strength may not be enough to prevent a rate cut in September.
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