Top brokerages (JPMorgan/Goldman) now forecast Sept Fed rate cut after Powell’s labor market "softening" warning. Futures price 78% odds as jobless claims rise. Bond yields drop, stocks rally on anticipated stimulus. First cut since 2023.
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Top brokerages (JPMorgan/Goldman) now forecast Sept Fed rate cut after Powell’s labor market "softening" warning. Futures price 78% odds as jobless claims rise. Bond yields drop, stocks rally on anticipated stimulus. First cut since 2023.
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