Oddbean

The peak interest rate era is over. Here's what investors are watching ========== In September 2024, the U.S. Federal Reserve is expected to cut key rates, joining other central banks like the European Central Bank and the Bank of England; Analysts predict three 25 basis point cuts by the Fed before year-end; Fed Chair Jerome Powell indicated a shift in policy focus at the Jackson Hole symposium; European stocks have rebounded nearly 10% in 2023; The S&P 500 index is up 17% in 2024; Concerns remain about potential volatility from U.S. economic data; Analysts suggest a soft landing for the U.S. economy is achievable; Currency markets are focused on inflation and rate expectations; Rabobank forecasts four Fed rate cuts between September and January; The outcome of the U.S. election could impact Fed policy. #InterestRates #FederalReserve #Equities #GlobalEconomy #CurrencyMarkets #Inflation #CentralBanks #Investing #MarketAnalysis #EconomicOutlook https://www.cnbc.com/2024/09/02/the-peak-interest-rate-era-is-over-heres-what-investors-are-watching.html