Updated
Updated · Bond Buyer · Aug 7
Jeffrey Cleveland to Discuss Fed's Sept. 17 Rate Decision as Weak Jobs Data Supports Hold
Updated
Updated · Bond Buyer · Aug 7

Jeffrey Cleveland to Discuss Fed's Sept. 17 Rate Decision as Weak Jobs Data Supports Hold

3 articles · Updated · Bond Buyer · Aug 7

Summary

  • Sept. 17 at 1 p.m. Eastern, Jeffrey Cleveland of Payden & Rygel will discuss the FOMC meeting, the new Summary of Economic Projections and Chair Warsh's press conference.
  • Weak employment data is the key backdrop: the report gives the Federal Reserve room to hold rates at its September meeting.
  • Inflation readings and one more employment report before the meeting could still shift the policy decision.
  • The event is part of LEADERS, a flagship channel featuring senior executives and experts on issues shaping financial services.

Insights

As Chair Warsh navigates this economic tightrope, will a prolonged high-rate strategy ultimately break the weakening labor market?
With job losses mounting and inflation still sticky, will the upcoming CPI report force the Fed into an impossible corner?
Could the unexpected July payroll drop be a false alarm that traps investors betting on a September rate pause?