MNI Fed Review-July 2025: No Nod To September Cut
Jul-30 21:02By: Tim Cooper
US
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EXECUTIVE SUMMARY:
- The July FOMC decision came with a subtle signal that the Committee was beginning to lay the groundwork for a September rate cut.
- But Chair Powell's press conference was largely spent playing down that prospect.
- The net impact on markets was a paring of rate cut expectations, with a September easing finishing the session at no better than a 50% proposition, versus about 60% pre-decision.
