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The US Fed Reserve probably won’t be delivering any interest rate cuts this Aussie winter

Pelican Press

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The US Fed Reserve probably won’t be delivering any interest rate cuts this Aussie winter

Investors likely will have to sweat out a winter during which it looks increasingly improbable that the Federal Reserve will be cutting interest rates.

A batch of stronger-than-expected economic data coupled with fresh commentary from policymakers is pointing away from any near-term policy easing. Traders this week again shifted futures pricing, moving away from the likelihood of a reduction in rates in September and now anticipating just one cut by the end of the year.

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