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2025-07-29 13:36:13
[Several potential catalysts may prompt the Fed to cut interest rates soon] Paul Eitelman, global chief investment strategist at Russell Investments, said in a research report that there are three potential catalysts that may prompt the Federal Reserve to cut interest rates in the next few meetings. He pointed out that these include a sharp slowdown in the labor market, lower-than-expected actual inflation, and signs that any inflation from tariffs may prove to be temporary. "We believe that the Fed will have enough data, time and policy clarity to reconsider cutting interest rates at its next meeting in September," Eitelman said. The strategist said that Russell Investments expects Fed Chairman Jerome Powell to leave the door open to this possibility at his press conference.
