Fed Holds Steady as Public Doubts Grow

Most folks think the Fed won’t lower rates in September. The buzz leans toward keeping the current level. People seem convinced a cut is unlikely.

Talk about the United States ending its blockade of Iran is mostly met with doubt. People seem to think an August deadline won’t happen. Yet expectations shift when the timeline moves to December, with many leaning toward a yes. The ongoing ceasefire through September also draws a clear yes from the crowd.

In South Carolina the race for the Senate seat is seen as unlikely to pick Nancy Mace, Joe Wilson or Mark Lynch. The public feels strongly that none of them will become the nominee. Meanwhile the Clarity Act that was just signed is viewed as a no‑go by most observers.

Brazil’s presidential race shows a split view. While many think Tarcisio de Freitas won’t win, Lula seems to have a better chance. Bolsonaro is also viewed as unlikely to take the top spot. On the global stage, people expect the Strait of Hormuz shipping lane to return to normal by September, and the mood there feels positive.