Paid-members
Fedspeak Monitor 7/12/24
Powell laid the groundwork for rate cuts this week. While he wasn't specific about timing at the Humphrey Hawkins hearings, he was dovish enough that the subsequent inflation release solidifies a September start to the cutting cycle.
Paid-members
Supply Chain Monitor: June ISM
Both the Manufacturing and Services side of the ISM PMI surveys showed noticeable weakness in June.
