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MLCC Market Bulletin_20240812
Last Modified
2024-08-12
Update Frequency
Aperiodically
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Overview
The latest policy statement from the US Federal Reserve in July indicates that recent economic data show a slowdown in job growth. There has also been a slight increase in the unemployment rate, though it remains low. At the same time, with progress being made towards the inflation target, the balance between boosting employment and checking inflation has improved. This suggests that an interest rate cut may not be far off. However, several black swan events have emerged. These include changes in U.S. presidential candidates, more economic policy uncertainties with a new administration in the White House, worries about a resurgence of inflation, and the potential rise of protectionism in various countries...
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