According to Odaily, analyst Enda Curran has shared his insights on the ongoing debate about the Federal Reserve's potential rate cuts. He believes that a rate cut in July is more or less unlikely, shifting the focus to how today's Consumer Price Index (CPI) data will influence expectations for a rate cut in September.
Curran suggests that a set of strong data would likely support a rate cut. However, if the overall data is low, it could lead to the belief that the anti-inflation process is back on track. This perspective is crucial as it could significantly impact the Federal Reserve's decision-making process regarding potential rate cuts in the future.