Market anticipates another 50bps Fed rate cut in November

From Investing.com: 2024-09-25 05:24:00

The markets are anticipating another 50bps Fed rate cut, with good US economic data being overlooked while weak prints support expectations for a strong cut. The US stock indices are hitting new highs, despite the US election approaching. The dollar struggles while the euro surges, despite Germany’s economic challenges. Chinese market analysts are cautious about the impact of recent measures on consumer demand. Trump threatens tariffs on Chinese automobiles. Gold remains in demand due to the weak dollar and Middle East tensions, while oil prices fluctuate amidst geopolitical concerns in the region.



Read more at Investing.com: Is the Fed Preparing for Another 50bps Cut in November?