Tomorrow's number better be weak, if it's hot we won't see

a Sept rate cut.The deceleration could just flatten out because of the services sector still being able to command a decent buck. Not good news either.Then we will have to see if they will cut before their goal is achieved. So far they have said no.

Edited by slupert, 25 July 2024 - 03:25 PM.

Rate cuts are a 2 edged sword. One edge says economy is slowing down. Other edge says cost of borrowing will be less.

Looks like we won't see a rate cut.    Quite frankly there is so much pent up demand for housing and global instability that we are close to seeing supply shortages again which could drive up inflation.