{"id":138593,"date":"2025-09-12T12:41:06","date_gmt":"2025-09-12T12:41:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/138593\/"},"modified":"2025-09-12T12:41:06","modified_gmt":"2025-09-12T12:41:06","slug":"markets-rally-as-rate-cut-bets-rise-on-mixed-us-data","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/138593\/","title":{"rendered":"Markets rally as rate cut bets rise on mixed US data"},"content":{"rendered":"

Labour market signals added to the narrative, with weekly jobless claims in the US<\/a> rising by 27,000 to 263,000\u2014the highest since October 2021\u2014surpassing estimates and reinforcing the view that the job market is softening. \u00a0<\/p>\n

As per BNN Bloomberg, \u201cthe job market has to be weak enough to get the Fed to cut interest rates, which can give a kickstart to the economy and to prices for investments, but not so much that it causes a recession.\u201d\u00a0<\/p>\n

The bond market<\/a> responded with the yield on the 10-year US Treasury falling to 4 percent. \u00a0<\/p>\n

According to CNBC, the CME FedWatch tool showed near certainty that the Federal Reserve will cut its benchmark rate by a quarter percentage point at its September 17 meeting, with some market participants also considering the possibility of a half-point cut.\u00a0<\/p>\n

Sector performance reflected expectations for lower rates<\/a>, with banks, consumer companies, real estate, and homebuilders all advancing. \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Labour market signals added to the narrative, with weekly jobless claims in the US rising by 27,000 to…\n","protected":false},"author":2,"featured_media":138594,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,48029,100,34648,74906],"class_list":["post-138593","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-ca","tag-canada","tag-inflation-data","tag-markets","tag-rate-cut","tag-stock-rally"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/138593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=138593"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/138593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/138594"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=138593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=138593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=138593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}