Video: Fed likely to hold rates steady—for now

Early earnings, recent inflation data point to still-strong economy

July 22, 20254 min watch

BOK Financial® Chief Investment Strategist Steve Wyett and Cavanal Hill Investment Management President Matt Stephani explain what recent inflation data and early earnings reports mean for the economy and the potential for Fed rate cuts.

KEY POINTS

  • Early Q2 earnings are slightly ahead of expectations, which is helping boost market sentiment.
  • Inflation seems to remain contained despite tariff concerns.
  • The current economic data doesn’t justify an immediate rate cut, but the Fed may still cut rates by year-end.
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