The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White House pressure campaign.
The fact that Fed Chair Jerome Powell classified the rate cut made on Wednesday as one for "risk management" is a clue the central bank will cut again in October, an economist at Goldman Sachs says.
Some analysts view China's reported move to ban sales of Nvidia's RTX Pro 6000D as "political theater" and "posturing" in light of trade talks with the U.S.