US Federal Reserve’s Impact on Markets: Investors anticipate a potential rate cut from the Federal Reserve, spurring stock market gains. The S&P 500 has risen 18% in 2024, showing resilience despite global uncertainties. However, ongoing concerns about China’s economic slowdown have added volatility, reflected in fluctuating oil prices (Reuters).
Global Inflation: Inflation is easing globally, with projections falling to 5.8% in 2024, driven by falling energy prices and tighter monetary policies. However, core inflation remains persistent in some regions (Council on Foreign Relations).
Market Performance: The Dow Jones climbed 83.57 points to 42,208.22, and the S&P 500 gained 14.36 points, closing at 5,732.93. Positive sentiment followed China’s economic stimulus announcement (Nasdaq)(AOL.com).
For more details, you can explore Reuters and Bloomberg.
Sources: https://www.reuters.com/graphics/USA-MARKETS/RATES/jnvwamonqvw/,https://www.cfr.org/tracker/global-inflation-tracker, https://www.bloomberg.com, https://www.bloomberg.com/news/articles/2024-09-25/fed-s-powell-asserted-leadership-to-secure-half-point-interest-rate-cut?srnd=homepage-americas, https://www.reuters.com/markets/
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