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Federal Reserve To Follow 'Slower Rate Cutting Cycle' Despite Trump's Pressure As Beige Book Dampens Sentiment: Don't Expect 50 Bps Cut Hints Shapiro
benzinga.com/markets/economic-data/25/09/47494307/federal-reserve-to-follow-slower-rate-cutting-cycle-despite-trumps-pressure-as-beige-book-d
The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”.
This language dampens expectations for an aggressive 50-basis point (bps) cut in September, suggesting…
This story appeared on benzinga.com, 2025-09-04 11:03:45.