Financial Intelligence is part of the Informa Intelligence Division of Informa PLC
This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Fed week is upon us. Despite another busy week for earnings and economic data releases, all eyes will be on the FOMC meeting during the upcoming week. With inflation remaining muted, soft manufacturing data, signs of a slowing services sector, and weak retail numbers, combined with slowing global growth and trade uncertainties, I think the Fed has enough data to cut rates for the third time this year. Traders are also expecting a rate cut, as the CME FedWatch Tool currently shows a 93.5% chance the Fed cuts. The high expectations for a cut also increases the possibility for a negative shock if the Fed disappoints in either their actions or comments.
Read more from Ryan Nauman's Weekly Recap and subscribe to have it delivered to your inbox each week!
Would you like to request sample data or analysis from Informa Financial Intelligence?