Here’s the case against a September rate cut — and why the Fed could stay on hold until 2026 - MarketWatch
1. U.S. stocks rebounded on potential Federal Reserve interest cuts. 2. BofA warns investors may misinterpret Fed's likely stance on rates. 3. Labor demand decline parallels decrease in labor supply, keeping unemployment stable. 4. Consumer spending shows signs of strength amid labor market uncertainty. 5. Inflation concerns persist, potentially overshadowing labor market conditions.