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Starting Sept. 16, the Federal Reserve will convene for a two-day conference that may lower interest rates for the first time in 2025.
Latest statistics indicate a decline in job expansion in the United States for August, with 22,000 new positions created. Adjusted numbers from the Bureau of Labor Statistics revealed a net fall of 13,000 jobs in June, marking the largest drop since December 2020.
Alongside Thursday’s Consumer Price Index indicating inflation escalating to 2.9% in August – its peak since January 2025 – a reduction in interest rates seems probable according to Florida State University’s William Christiansen.
Christiansen holds the position of associate professor of finance in FSU’s College of Business. He has led the Department of Finance Chair for 18 years and possesses expertise in macroeconomic policy matters and banking management.
He anticipates that next week’s Fed assembly will denote the first rate cut by the U.S. central banking authority since December 2024.
“We are forecasting a 25-basis point reduction,” Christiansen projected. “The employment market data from last week was lackluster. We are reviewing the inflation disclosures this week and are hoping for a subdued report.”
Media representatives interested in obtaining insights from associate professor Christiansen regarding next week’s significant Fed meeting can contact him at [email protected].
The article FSU expert available for analysis on upcoming Fed meeting originally appeared on Florida State University News.
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