Similar Stories to 'clear Path To A Soft Landing': Here's What Wall Street Sees For Fed Rate Cuts After May Inflation Came In Cool on Bing News

OLIVIER DOULIERY/Getty ImagesThe latest inflation data has bolstered the case for looser monetary policy.Investors cheered a soft May inflation report, which could pave the way for Fed easing this year.Rate cuts in September are "overwhelmingly likely," one economist said.Wall Street is feeling a lot more upbeat on the path of interest rates this year.On Wednesday, investors cheered a positive report on the consumer price index for May.

BING NEWS:
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    Investor hopes for a soft landing for the U.S. economy will be put to the test next week, as the government releases closely watched labor market data following a series of disappointing jobs reports.
    09/27/2024 - 8:34 am | View Link
  • The Fed’s Rate Cut: A ‘Soft Landing’ – Or ‘Fake News’?
    The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to convey decisiveness and self-confidence.
    09/27/2024 - 2:07 am | View Link
  • Yellen says economy on 'soft landing' path, Fed's policy rate will fall to neutral level
    U.S. Treasury Secretary Janet Yellen said on Thursday that labor market and inflation data suggest the U.S. economy is on a path to a "soft landing," but the "last mile" on taming inflation is ...
    09/26/2024 - 3:26 am | View Link
  • Fed's Rate Cut 'Maintain A Soft Landing Trajectory' For US Economy, Says Goldman Sachs
    Goldman Sachs CFO Denis Coleman stated that the Federal Reserve’s recent decision to lower interest rates by 50 basis points positions the U.S. economy for a soft landing. What Happened: The Federal ...
    09/24/2024 - 3:14 am | View Link
  • Will the Fed cut interest rates fast enough to deliver a 'soft landing'?
    American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce Sept. 18: That it's ...
    09/17/2024 - 10:15 am | View Link
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