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"Green Light" for Fed to Cut Rates

"Green Light" for Fed to Cut Rates

Schwab Network · Schwab Network

August 29, 20255m 51s

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Show Notes

Cooper Howard reacts to the latest PCE data and believe the July print gave Fed officials the "green light" to cut rates in its upcoming September meeting. He notes that there is substantial labor market data ahead for the Fed to factor in as well. Cooper discusses the dual mandate for the central bank and admits that the Fed may be paying closer attention to jobs right now over inflation. Later, Cooper discusses the intermediate bond market and municipal bonds as a potential investing tool to consider.


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