-
'Not Enough Progress To Convince Powell It's Time To Cut Rates': Economist Sheds Doubt On Calls For Interest Rate Reductions
Thursday, July 11, 2024 - 12:06pm | 581June's inflation report came in lighter than expected, sparking a rally in equity markets, particularly small-cap stocks tracked by the iShares Russell 2000 ETF (NYSE:IWM), which are more interest-rate sensitive than larger corporations. Blu Putnam, the former chief economist at CME Group, shed...