Economists Ethan Harris and Aditya Bhave of Bank of America Merrill Lynch wrote in a note to clients that they expect Fed officials to wait until the second week of July to indicate whether they intend to cut rates, after seeing the next government report on the jobs market and other economic data. They'll also know the results of an important meeting of the G-20 in late June, where President Trump and Chinese President Xi Jinping could meet and try to negotiate a deal on trade.

Source: Los Angeles Times June 14, 2019 19:57 UTC