{"id":128531,"title":"Global Markets Rally as Softer US Inflation Fuels Hopes of Interest Rate Cuts","publisher":"Share Talk","author":"sharetalk","published":"2025-10-24T16:40:53+00:00","modified":"2025-10-24T16:40:53+00:00","canonical_url":"https://www.share-talk.com/global-markets-rally-as-softer-us-inflation-fuels-hopes-of-interest-rate-cuts/","markdown_url":"https://www.share-talk.com/global-markets-rally-as-softer-us-inflation-fuels-hopes-of-interest-rate-cuts.md","json_url":"https://www.share-talk.com/global-markets-rally-as-softer-us-inflation-fuels-hopes-of-interest-rate-cuts.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["Bank of England","china","FTSE 100","FTSE 250","London Stock Exchange","US tariffs","USA"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/dreamstime_l_220888494-scaled-1-2.webp?fit=1200%2C650&quality=80&ssl=1","format":"news","language":"en-GB","content":"Stock markets in both the US and UK climbed sharply on Monday after **US inflation came in lower than expected**, bolstering expectations that the **Federal Reserve** will begin cutting interest rates.\n\nThe latest data showed **US inflation eased to 3% in September**, below forecasts of 3.1%. The news pushed **both the S&P 500 and the Nasdaq up around 1%**, with each hitting **new record highs** as investors priced in rate cuts in the coming months.\n\nIn London, the **FTSE 100** closed at a **record high of 9,645.62**, up **0.7% (67 points)**, extending a run of gains across European markets.\n\n**Joe Mazzola**, head of trading and derivatives strategy at **Charles Schwab**, said the figures reinforced market expectations:\n\n> “Friday’s inflation data came in cooler than expected, reinforcing expectations that the Fed will cut rates next week and again in December, as the labour market continues to soften.”\n\nOther Market News\n\n- A new survey of UK purchasing managers suggests business activity is improving, offering fresh signs that the UK economy may be stabilising.\n\n- NatWest reported a 30% jump in pre-tax profits, helping lift banking shares.\n\n- UK retail sales unexpectedly rose to their highest level since July 2022, boosted by demand for the new iPhone 17 and strong online gold purchases."}