29 September 2025
Week in Review: US Inflation Holds Steady
Fed Chair Jerome Powell reiterated this week that while inflation expectations remain anchored near the Fed’s 2% target, downside risks to employment and elevated uncertainty leave policymakers without a “risk-free” policy path.
21 September 2025
Week in Review: Federal Reserve cuts rates for first time this year
Major U.S. stock indexes hit record highs during the week. The Nasdaq Composite advanced 2.21%, while the S&P 500 and Dow Jones Industrial Average gained 1.22% and 1.05%, respectively. Meanwhile, the yield on the U.S.
14 September 2025
Week in Review: Softer Jobs keep Fed on Rate-Cut Path
In Europe, the ECB left rates unchanged at 2% but lifted its 2025 inflation and growth forecasts, prompting markets to assume that interest rate cuts are over in the region.
7 September 2025
Week in Review: Soft US Jobs Data Boosts Fed Cut Bets
In response to the jobs report, futures markets tracked by the CME FedWatch tool now reflect a 100% probability of at least a 25-basis-point (0.25 percentage point) rate cut at the Fed's next meeting.