Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 7
- Left
- 1
- Center
- 3
- Right
- 3
- Unrated
- 0
- Last Updated
- 44 days ago
- Bias Distribution
- 43% Center
Federal Reserve officials, including Chair Jerome Powell and Governor Christopher Waller, indicated growing confidence that inflation is heading towards the 2% target, potentially paving the way for interest rate cuts. Powell highlighted that recent favorable inflation data boosts confidence but emphasized decisions would be data-dependent and made meeting-by-meeting. Waller echoed similar sentiments, stating that while progress is encouraging, more sustained evidence is needed. IMF Chief Economist Pierre-Olivier Gourinchas suggested the Fed can afford to wait for more data due to the strong labor market. Markets are increasingly betting on a rate cut as early as September, though Powell refrained from signaling specific timings. The labor market remains robust, contributing to the cautious optimism among Fed officials.
- Total News Sources
- 7
- Left
- 1
- Center
- 3
- Right
- 3
- Unrated
- 0
- Last Updated
- 44 days ago
- Bias Distribution
- 43% Center
Open Story
Timeline
Analyze and predict the
development of events
Negative
20Serious
Neutral
Optimistic
Positive
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