{"id":126963,"title":"Wall Street Heads for Another Record as Fed Rate Cut Bets Grow","publisher":"Share Talk","author":"sharetalk","published":"2025-09-11T14:41:10+00:00","modified":"2025-09-11T14:41:10+00:00","canonical_url":"https://www.share-talk.com/wall-street-heads-for-another-record-as-fed-rate-cut-bets-grow/","markdown_url":"https://www.share-talk.com/wall-street-heads-for-another-record-as-fed-rate-cut-bets-grow.md","json_url":"https://www.share-talk.com/wall-street-heads-for-another-record-as-fed-rate-cut-bets-grow.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["BAE Systems","Bond","canada","Chinese imports","Dassault Aviation","Dow Jones","Emmanuel Macron","EU","Euronext","Fed","FRANCE","French President","Goldman Sachs","investors","Keir Starmer","Mexico","Paris","tariffs","trade war","UK","Ukraine","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/Wall-street.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"Wall Street is on course for another record finish this afternoon after a mixed set of US economic data reinforced expectations that the Federal Reserve will cut interest rates to support growth.\n\nThe S&P 500 rose 0.7pc, setting up the index for a third consecutive all-time high. The Dow Jones Industrial Average gained 1pc, while the Nasdaq Composite advanced 0.4pc.\n\nTreasury yields saw-sawed in early trading but ultimately eased after the release of fresh reports, which investors interpreted as strengthening the case for rate cuts when the Fed meets next week.\n\nOne of the data points showed an increase in applications for unemployment benefits, hinting that redundancies may be on the rise. For investors, the ideal outcome has been a controlled cooling of the economy—weak enough to encourage rate cuts, but not so severe that it tips into recession.\n\nThe central bank has so far resisted reducing rates this year, wary that Donald Trump’s tariffs could worsen inflationary pressures.\n\nThursday’s inflation report showed consumer prices were 2.9pc higher in August than a year earlier, up slightly from July’s 2.7pc. While this remains above the Fed’s 2pc target, the figure was in line with forecasts and not seen as alarming enough to outweigh concerns about the softening labour market.\n\n“Right now, inflation is a key subplot, but the labour market is still the main story,” said Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management."}