Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Powell Signals Patience: Fed Holds Rates, Awaits Key Data

by Team Lumida
July 3, 2024
in Macro
Reading Time: 3 mins read
A A
0
Powell Signals Patience: Fed Holds Rates, Awaits Key Data

Source: Investopedia

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways

  1. Fed maintains interest rates, awaiting more data on inflation trends.
  2. U.S. inflation rate slows to 2.6%, nearing the Fed’s 2% target.
  3. Fed’s future rate cuts hinge on upcoming employment and inflation data.

What Happened?

Federal Reserve Chair Jerome Powell announced that the U.S. is on a “disinflationary path” but emphasized the need for more data before considering rate cuts. In May, inflation did not rise, and the 12-month rate of price increases fell to 2.6%, edging closer to the Fed’s 2% target.

Powell, speaking at a monetary policy conference in Portugal, stressed the importance of ensuring these readings accurately reflect underlying inflation before loosening policy. The Fed has kept its benchmark interest rate steady at 5.25%-5.5% since last July.

Why It Matters?

For investors, Powell’s cautious stance signals a period of steady interest rates, reducing immediate market volatility. However, the Fed’s reluctance to cut rates until inflation sustainably trends toward 2% underscores a balanced approach, considering both inflation and employment goals.

With the U.S. unemployment rate remaining at or below 4% for over two years, the Fed has room to be patient. Chicago Fed President Austan Goolsbee highlighted “warning signs” of a weakening real economy, stressing the need to avoid overly tight monetary policy.

What’s Next?

Expect the Fed’s decision-making to hinge on upcoming employment and inflation reports, including June’s job data and the July 11 consumer price index. Powell anticipates inflation to fall between 2% and 2.5% within a year, a “great outcome” if achieved. U.S. short-term interest-rate futures suggest potential rate cuts in September and December, but these will depend on the economic data. Investors should watch the Fed’s next policy meeting on July 30-31 for further signals.

Source: Reuters
Tags: Federal ReserveJerome PowellU.S. inflation
Previous Post

Crypto Giant Silvergate Faces SEC Wrath Over $1 Trillion AML Failures

Next Post

AI Boom Echoes Dotcom Era: Will Tech Stocks Sustain Their Rally?

Recommended For You

US to Take 10% Stake in Trilogy Metals to Unlock Alaska Mining

by Team Lumida
1 day ago
Trump Signs Sweeping Travel Ban on 12 Countries, Introduces Restrictions on 7 Others

Key Takeaways Powered by lumidawealth.com The U.S. government will acquire a 10% stake in Canadian minerals explorer Trilogy Metals Inc. through a $35.6 million investment aimed at securing critical...

Read more

Trump Open to Healthcare Talks With Democrats to End Shutdown

by Team Lumida
1 day ago
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Key Takeaways Powered by lumidawealth.com President Trump expressed willingness to negotiate with Democrats on extending Affordable Care Act (ACA) subsidies amid the ongoing government shutdown, signaling potential progress toward...

Read more

US Gaza Plan Is Working, But Will Take Sustained Pressure

by Team Lumida
2 days ago
US Gaza Plan Is Working, But Will Take Sustained Pressure

Key Takeaways Powered by lumidawealth.com The Trump administration’s plan has created diplomatic momentum and a realistic path for an initial hostage‑for‑prisoner swap, but broader settlement mechanics remain unresolved. Core...

Read more

China Secretly Funds Iranian Oil via Infrastructure

by Team Lumida
2 days ago
China’s Financial Overhaul: Xi’s Strategy to Rebalance $9.1 Trillion Debt Crisis

Key Takeaways Powered by lumidawealth.com Beijing is using a covert barter‑style conduit to pay Iran for crude: oil shipments to China are effectively financed by Chinese state‑backed contractors building...

Read more

Trump Pushes for Israel–Hamas Deal Ahead of Monday Talks

by Team Lumida
2 days ago
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Key Takeaways Powered by lumidawealth.com The U.S. is pressing Israel and Hamas toward mediated talks in Sharm El‑Sheikh focused initially on a hostage‑for‑prisoner swap and a ceasefire framework. Core...

Read more

China Pushes Trump to Ease Security Curbs in Exchange for Investment

by Team Lumida
4 days ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways Powered by lumidawealth.com Beijing has floated a proposal to the U.S. asking Washington to roll back national‑security barriers to Chinese investment in the U.S. in return for...

Read more

Lawsuit Challenges Trump’s $100,000 H‑1B Fee

by Team Lumida
4 days ago
Trump Delays Reciprocal Tariffs to August 1, Citing Progress in Trade Negotiations

Key Takeaways Powered by lumidawealth.com A coalition led by healthcare‑staffing firm Global Nurse Force and several labor unions filed suit in the Northern District of California to block the...

Read more

Trump Threatens Far‑Reaching Cuts at Federal Agencies

by Team Lumida
5 days ago
Tech Titans Pivot: Silicon Valley’s New Alliance in Trump’s Second Term

Key Takeaways Powered by lumidawealth.com The White House, led by OMB Director Russell Vought, is pursuing plans to use the government shutdown to impose large cuts and potentially dismiss...

Read more

World Food Prices Dip in September as Sugar and Dairy Ease

by Team Lumida
5 days ago
person standing between shelvings

Key Takeaways Powered by lumidawealth.com FAO food price index fell to 128.8 in September from an August revised 129.7, though still 3.4% above year‑ago levels and ~19.6% below the...

Read more

Trump Plans to Use Shutdown to Fire Federal Workers

by Team Lumida
6 days ago
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Key Takeaways Powered by lumidawealth.com White House OMB Director Russell Vought signaled imminent mass firings of federal workers as the administration leans into the government shutdown to shrink the...

Read more
Next Post
a close up of a soap bubble with trees in the background

AI Boom Echoes Dotcom Era: Will Tech Stocks Sustain Their Rally?

Debt Protection Demand Surges: Are High Rates Changing the Game?

Debt Protection Demand Surges: Are High Rates Changing the Game?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Powell’s Pivotal Moment: What to Expect from Jackson Hole

Powell’s Pivotal Moment: What to Expect from Jackson Hole

August 21, 2024
a close up of a typewriter with a tax return sign on it

Corporate Taxes Account for Nearly 40% of Taxes Paid by Ultrawealthy, Study Finds

August 25, 2025
Toyota Joins Forces to Revolutionize EV Charging in North America

EV Battery Belt’s Future Hangs in Balance as Trump’s Return Threatens Biden-Era Subsidies

January 7, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018