Fed Can Avoid Hiking on Cooler Data, Economist Roth Says

Stephanie Roth, chief economist at Wolfe Research, expects to see cooler economic data ahead, giving the Federal Reserve cover to “credibly” avoid hiking interest rates in September. (Source: Bloomberg)

The significance of this report depends on the decisions, official reactions or confirmation that follow. The current assessment is initially based on reporting by Bloomberg.

Readers should distinguish established facts from initial claims. Practical consequences will become clearer through responses from authorities, markets or independent sources.

Watch for official statements, independent confirmation of the key details and updates to the original report.