Financial Markets Eye Fed Moves

Financial markets are watching the Fed as inflation takes center stage. Recent data showed a slight increase in the consumer price index, but the annual inflation rate fell to 2.4%, the lowest in three years. This has investors hoping for further interest rate cuts. However, uncertainty remains as policymakers have not fully committed to their future plans.

- Wall Street fell after the latest inflation report.

- Stocks in major indexes such as the Dow and S&P 500 fell.

- Major banks such as JPMorgan face new challenges with the rate-cutting cycle.

- Earnings season is underway, with the focus on net interest income.

This dynamic environment, influenced by inflation, political debates and the Fed’s cautious stance, continues to be a major topic on Wall Street. 📉