by InteractiveAdvisors
by InteractiveAdvisors
Outlook

Path clear for rate cut in September

by |Published

By: Simona M Mocuta, Chief Economist Amy Le, CFA, Investment Strategist, Venkata Vamsea Krishna Bhimavarapu, Economist

July inflation data was slightly better than expected. Both overall and core (ex-food-and-energy) prices increased 0.2% MoM. The headline CPI print marked the first sub-3.0% reading since March 2021.

Further Modest Progress Toward Inflation Target

Spotlight on Next Week

  • Canadian inflation to ease. 
  • Weak eurozone manufacturing to persist. 
  • Japan’s national CPI to rise 2.6%.

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Originally Posted August 19th, 2024, SSGA

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Via SHUTTERSTOCK

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State Street Global Advisors
State Street Global Advisors
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