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Watch: 3 things the Fed needs to see before it starts cutting rates
We still believe the US Federal Reserve will start cutting rates in September. But it’s not a done deal and the next moves are going to be highly data-dependent
3 things the Fed needs to see before it starts cutting rates
We're still looking for US interest rate cuts from September. The Federal Reserve doesn't want to cause a recession if it can help it and if the data allows it to start making monetary policy less restrictive, they'll likely take that opportunity. But, as ING's James Knightley explains, they need to see progress on inflation, the labour market and consumer spending.
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more