Thursday, December 19, 2024

Fed cuts rates, but forecasts higher inflation in 2025

 The US Federal Reserve has announced a 25 basis point cut in interest rates to between 4.25% and 4.50%. However, it projects a slower pace of cuts in the coming years and warns of a possible rise in inflation in 2025 due to the Trump administration's economic policies.


American markets in historic decline.

The Dow Jones index recorded its worst losing streak since 1974, accumulating ten consecutive days of falls, with a strong impact on the markets due to the Fed's decisions.


Renault boosts European shares.

European shares rose slightly, supported by the technology sector and the rise of Renault following news of an alliance with Honda and Nissan.


Swedish real estate company SBB soars 22%.

SBB concluded an agreement with creditors, leading to a significant rise in its shares on the Swedish stock exchange.


Technology sector leads gains in 2024.

The Nasdaq is up 33% for the year, driven by artificial intelligence and expectations of lower interest rates.


US housing market faces challenges.

Despite the recovery in housing construction, tariffs on imported products and labor shortages could hamper new projects in 2025.

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