Wall Street ended a strong week at a tranquil rate, as US stock indicators completed near their highest levels, while bonds dropped with no changes to reduce the Federal Reserve for the benefit of consumer data. After a continuous increase to a standard level, the S&P 500 (S&P 500) was barely moved on Friday. The initial proposals market has recorded momentum this week, with transactions raising more than $ 4 billion in the most active period since 2021. The index of the large companies led by “Tesla” jumped, while the shares of vaccine manufacturers fell after a report said that health officials linked to the death of more than twenty children. The dollar is on its way to the biggest weekly decline in the month before the “Federal” meeting. The US tires were witnessing a slight decrease that reduced its profits that were on their way to score the fourth weekly height in a row. As for the dollar, it goes to its worst weekly performance in about a month. The poor confidence of consumers has fallen in the lowest levels of consumer confidence since May, while the long -term inflation expectations have risen. This comes after data that showed the slowdown in the labor market, which strengthened investor bets on the implementation of three interests this year. “The Federal Reserve has conflicting pressure between high inflation on the one hand and the poor job market, on the other hand. More reduction in the coming months can be expected, and the question is the size of this discount and not if that will happen,” said Bill Adams of Comrica Bank. Blins on more reduction. Economists have suggested that Bloomberg has their opinions that indicators of the poor labor market will lead to a series of discounts for interest in the coming months, which begins next week. The average expectations showed two reductions by a quarter of a percentage point this year, while more than 40% of participants see that the cuts can reach three times. Deutsche Bank experts added a third reduction in their expectations for 2025, after expecting a reduction in September and one more in December. In “Morgan Stanley”, economists, led by Michael Ghabn, expect four consecutive discounts. After January, they see that officials will stop assessing the effects of inflation. Once this noise has disappeared, they expect more cuts in April and July. ‘Morgan Stanley’ expects the federal to reduce the benefit 4 times to January. What about the prescriptions of the federal reserve? TD Security Streets said that the likely direction will be linked to financial facilitation next week due to the conditions of the labor market, but not excessive as it exceeds the inflation of the target level remains an important threat. They expect the summary of the economic expectations for the month of September to continue the continued reduction in 2025, while the expectations of expectations be adjusted in a ‘slightly strict’ direction. “It is unlikely to be surprised by the market, but the potential frequency by Powell and the points plan to comply with more discounts can be declared less miles for facilitation.” They pointed out that this could lead to the opposite of some of the last momentum in interest rates and the return curve. “We expect 25 base reductions, and we expect the tone of the statement, the press conference and the economic summary in general,” said Ian Lingan of BMO Capital Markets. The Federal Reserve leaves the door open for a reduction in interest in September and with the start of Powell “Monetary Policy Reset”, Lingan expects to reduce the point plan for 2025 to reflect the possibility of an extra reduction by 25 basis points in the October and December. According to the Michael Hartnet of Bank of America, the credibility of the federal market will see the financial markets that the Federal Reserve will remain ‘a road’ as it begins to lower borrowing costs. The Strategic Heart Net pointed out that the shares of banks and companies most affected by the interest in addition to the decline in the differences of effects of an investment grade, suggesting that investors say that federal credibility could reduce and reduce it at a time when the growth of the US economy accelerates. “Liquidity, however, attracted most of the flow last week, which brought the total to 266 billion dollars in four weeks, according to” Bank of America “data, quoting” EPFR Global “. US stocks have recorded $ 19 billion. used, “said Mark Heville of UBS Global Wealth Manegement. A positive climate for US stocks, on his part, said Mark Hackite of ‘Nationwide’ said the federal will reduce interest next week, and with the market moral it remains far from excessive optimism, the closest path remains in short terms. Stimulating budget agreement, commercial agreements and increasing profits due to the weakness of the dollar. “Although the pessimists are weak in the labor market, the data of the investment centers and the market moral are still cautious, indicating that there is a field for further ascension, according to Hakrit. scale on the market activity. 2025 on US stock exchanges, which is less than an average of $ 31.4 billion during the decade that previously cooked 2020, and is very far from extraordinary levels during the years of pandemic.
US stock indicators near their highest levels pending reducing interest
