Why the case for a Fed interest-rate cut in July may be getting stronger

ETResizeListen(4 min)Federal Reserve Chair Jerome Powell (center) speaks alongside Michelle Bowman (left), vice chair for supervision, and Lisa Cook (right), board governor, at Federal Reserve Board meeting in Washington on June 25

Photo: Agence France-Presse/Getty ImagesWeaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view is that I do think the Fed should cut in July,” said Matt Brill, head of North America investment-grade credit at Invesco Fixed Income, pointing to cracks in the jobs market

The Author Joy WiltermuthJoy Wiltermuth is a news editor and senior reporter based in New York

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