The peak interest rate era is over. Here's what investors are watching
Publishing timestamp: 2024-09-02 01:12:02
Summary
Central banks around the world are expected to cut key rates, creating a broadly supportive environment for equities. The U.S. Federal Reserve is likely to join other central banks in cutting rates, with expectations for multiple cuts by the end of the year. Despite some concerns and risks, equities are seen as the asset class of choice for the rest of the year and beyond. Currency markets will focus on inflation, rate expectations, and economic growth, with key events like Nvidia earnings to watch. The outcome of the U.S. election could impact the Fed's actions.
Sentiment: MIXED
Keywords: s&p 500 index, business news, central banking, breaking news: markets, markets, stoxx 600,