Jul 11, 2019
How much influence does the market have on the Fed’s rate decision?
Markets are ready for a cut. And that might be coming — but not just because of the markets.
The New York Stock Exchange as seen in December 2018 in Downtown Manhattan.
Spencer Platt/Getty Images
It seems all but certain that a rate cut is coming soon — maybe even by the end of this month. In a way, the “underlying fundamentals” of the U.S. economy don’t necessarily dictate a rate-cut decision right now. But the market seems to have already factored a rate cut in.
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