Fed Moves, Canada Cuts Expected
Today marks a turning point in North American economic policy expectations. The Federal Reserve is widely expected to cut interest rates by 25 basis points at its meeting later today. This would be the first rate cut from the Fed in 2025, signifying a shift from tightening toward beginning of easing, as inflation eases somewhat and labor market data shows signs of cooling. Reuters+3The Economic Times+3CCN.com+3
Markets Hover Near Highs as Rate Cut Looms
Wall Street opened higher today, buoyed by near certainty that the Federal Reserve will cut interest rates by 25 basis points at its meeting this week. Futures markets and major financial tools, including FedWatch, are essentially pricing in the cut as a done deal. Reuters+3Reuters+3Forex+3
Markets Near Records Ahead of Fed Meeting
Markets opened today with a hopeful mood: investors are increasingly confident that both the U.S. Federal Reserve and Bank of Canada will deliver rate cuts soon. The rate cut expectations aren’t just whispers—markets have priced in a 25-basis-point cut from the Fed at their September 16-17 meeting, with BoC likely to follow with a 0.25% cut on September 17. Reuters+2Reuters+2
Rate-Cut Hopes Drive Markets Higher
Markets opened today with a mix of cautious optimism and profit taking, underpinned by growing conviction that the U.S. Federal Reserve will begin cutting interest rates soon. Key data points have added to this sentiment:
Fed Rate Cut Now a Done Deal?
Markets in the U.S. traded with palpable optimism today, buoyed by strong expectations that the Federal Reserve will follow through with a rate cut at its September 17–18 meeting. A Reuters poll released earlier confirmed this: almost all economists surveyed expect a 25 basis-point cut next week, with many forecasting at least one further reduction before year-end. Reuters
Rate-Cut Optimism Lifts Markets While Small Caps Lag; Tech & Healthcare Set the Pace
North American equities opened to a cautious bid and, through the session, chopped higher as traders weighed softer macro signals against a still-resilient earnings backdrop. The big thematic driver remains rate-cut anticipation: cooler labor indicators and moderating inflation have kept odds of a policy move in play, supporting duration-sensitive parts of the equity market.