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External broker reports(aggregated public sources)

FOMC Minutes Preview: Increasingly Balanced Risks

Macroeconomics

<ul><li>Powell: “‘Certainty’ is not a word that we have in our business.” But a September cut is likely.</li><li>As expected, the Fed voted unanimously to keep monetary policy on hold.</li><li>While the policy statement remained relatively balanced, Powell's replies in the press conference were decidedly more doveish, clearly preparing the ground for a 25bp September cut, while leaving room to further delay the easing cycle if inflation proves more sticky.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Powell: “‘Certainty’ is not a word that we have in our business.” But a September cut is likely.As expected, the Fed voted unanimously to keep monetary policy on hold.While the policy statement remained relatively balanced, Powell's replies in the press conference were decidedly more doveish, clearly preparing the ground for a 25bp September cut, while leaving room to further delay the easing cycle if inflation proves more sticky.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fed Watch – September cut likely