Interest Rates, Federal Reserve and Inflation
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Cryptopolitan on MSNDallas Fed President said interest rates should stay highDallas Fed President and CEO Lorie Logan emphasized that policymakers should keep bank lending rates unchanged to address inflation completely.
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
Richard Clarida, former Federal Reserve Vice Chairman and current global economic advisor at PIMCO, joins CNBC's "Closing Bell" to discuss when the Federal Reserve may cut interest rates, economic outlook and more.
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump during his first term in the White House, have said they'd consider cutting the benchmark policy rate as soon as the central bank's July 29-30 meeting.
For much of this year, bond investors were all but certain that the Federal Reserve would resume cutting interest rates by September. Most Read from BloombergWhy Did Cars Get So Hard to See Out Of?How German Cities Are Rethinking Women’s Safety — With TaxisPhiladelphia Reaches Pact With Workers to End Garbage StrikeLately,