BNN Bloomberg's Jon Erlichman looks at how North American markets are shaping up for the trading day.
Powell said the “time has come” for the Fed to cut rates, affirming expectations that officials will begin lowering borrowing costs next month and making clear his intention to prevent further cooling in the labor market. The Fed chief also acknowledged recent progress on inflation, which has resumed moderating in recent months after stalling earlier in the year.
Market expectations were largely baked into the recent speech, particularly the anticipated September rate cut. While the speech did not entirely rule out the possibility of a significant rate cut, it largely met expectations, offering few surprises. This is likely to provide some stability to markets broadly, though it might not be enough to propel equities to new highs in a matter of days. For a significant rally, with the support from the Fed, a decent upcoming job report would be needed.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
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منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
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Markets today: Stocks rally ahead of big week for rates, earningsU.S. stock futures strengthened on the back of equity gains in Europe and Asia, signaling rising optimism ahead of major central bank decisions and big tech earnings due this week.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
Markets today: Stocks rise amid ‘mixed bag’ of data before PowellStocks rose as traders weighed the latest economic reports for clues on the outlook for U.S. Federal Reserve rates.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
Markets today: Stocks rise before jobs revisions as Target up 15%Stocks rose as traders parsed a fresh batch of earnings from retailers ahead of data will bring more clues about the health of the economy in the run-up to Jerome Powell’s highly-anticipated speech on Friday.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
Markets today: Stocks drift as caution reigns before Jackson HoleStocks churned after a rally that drove the market to its best week in 2024 as traders awaited more clues on the scope of potential rate cuts from the U.S. Federal Reserve.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »