Scudner Group - Stifel

0.005 seconds: American sprinter Noah Lyles's margin of victory in the men's 100-meter race, winning a gold medal. For more information on this and to read the full piece, click below.

Stifel Bits - August 14, 2024 stifel.com

The July FOMC statement offered no guarantee of a September rate cut, disappointing investors' expectations for a commitment to policy easing in the next six and a half weeks. While a September rate cut is still a possibility and very much "on the table," the statement suggests the Fed remains data dependent and that policy makers are not yet convinced price pressures will continue to moderate or that labor market conditions have cooled enough.

Will They or Won't They? July Federal Open Market Committee Statement Falls Short of Committing to September Rate Cut - August 5, 2024 amazonaws.com