Bottom line The combination of weaker-than-expected employment data across the board in August, in conjunction with moderating inflation, should seal the deal for the Federal Reserve to issue a quarter-point interest rate cut at its policy-setting meeting ending September 17. Consequently, benchmark 10-year Treasury yields plunged this week from 4.30% to 4.06%, while the S&P 500 surged nearly 3% to a new intraday record high of 6,532.
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Federated Hermes Inc. published this content on September 05, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 05, 2025 at 21:05 UTC.