Fed Holds Steady: Jobs and Inflation Data Determine Next Steps
Schwab Network · Schwab Network
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Show Notes
Satyam Panday weighs in on the Fed's decision to hold rates steady. Panday thinks the Fed may need to see more weakness in employment reports before considering another rate cut, despite possible inflation risks from tariffs. He expects the Fed to stay "data dependent" over the next couple of months, with investors eyes turning toward Jackson Hole and its October FOMC meeting.
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