Weak US economic data could push Fed into making rapid interest rate cuts
And US credit creation
Valdis Dombrovskis confident measure will enter into force in November
Market Questions is the FT’s guide to the week ahead
Classification would have boosted exports and reduced tariffs on goods from country that is rising supply chain alternative to China
Nasdaq falls into correction as traders bet Federal Reserve will have to cut rates more rapidly
Data spurs traders to increase bets on Fed rate cuts this year
US central bank’s decision to hold interest rates at 23-year high criticised by economists and politicians
Since the pandemic, consumer spending has remained strong. But three months before the election, there are signs that demand is weakening
A bigger rate cut than the Fed envisages may be warranted in September
Investors balk at steep valuations amid modest corporate outlooks and bets rise on Fed rate cuts
Second-quarter earnings of $1bn missed expectations as hedging costs on floating rate exposure has yet to pay off
Jobs a bad ’un
The rate-cutting cycle is unlikely to be a smooth ride down
How higher rates really can drive higher inflation
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Central bank holds rates steady but comments by chair Powell boost expectations of pre-election move
Backing from UAW a boost for Democratic presidential candidate with labour issues set to be central to election campaign
Let’s lyft drivers out of compensation darkness
Also in today’s newsletter, can Republicans change the narrative on JD Vance?
Reverse reserve reservation reservations
It will not want to look as if it is prejudging policies as inflationary during election season
Fast-food chain’s chief says customers are more ‘discriminating’ after years of price rises
The Democrat needs to reassure international allies, without alienating the US working class
Jay Powell & Co needn’t rush into a September cut