Fed, Powell and interest rates
Digest more
Former St. Louis Fed President James Bullard said Friday that a September interest-rate cut was now a "done deal." It was notable that Powell "didn't say too much" about the rest of the year, Bullard said,
Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the concerns of Bowman and Waller when it showed fewer jobs than expected were created in July.