The Federal Reserve is currently navigating a critical juncture in its monetary policy, actively steering the economy towards a more accommodative environment. After a period of aggressive rate hikes to combat inflation, the central bank has embarked on an easing cycle, signaling a strategic shift as it "inches closer to
Wall Street surged to fresh all-time highs Friday as a softer-than-expected inflation reading strengthened market conviction that the Federal Reserve will cut interest rates by 25 basis points at its Oct. 30 policy meeting.
September inflation came in below forecasts, boosting Fed rate-cut bets and helping Trump claim tariffs aren't driving broad price increases. Stocks rallied to new record highs.
After a 9-day delay from the government shutdown, September CPI data finally lands Friday and could heavily influence the Fed's rate-cut path. Markets trade near record highs.
Energy markets dominated headlines Thursday as a fresh wave of U.S. sanctions targeting Russia's oil giants sparked a sharp rebound in crude prices and lifted energy shares.
Risk sentiment deteriorated sharply on Wednesday as a wave of disappointing earnings guidance and escalating U.S.-China trade tensions rattled investor confidence.
Gold prices suffered a sharp correction on Tuesday as investors locked in profits following this year's explosive rally, while optimism across earnings kept industrial stocks powering higher and pushed the Dow Jones to fresh record highs.
