Dow Jones, S&P 500, Nasdaq: Dow schließt 1,2 Prozent höher – Hoffnungen auf Zinspause
Ist eine Zinserhöhung doch noch nicht ausgemacht? Zwei hochrangige Notenbanker sprechen sich dagegen aus. Das verändert die Kalkulation an den Märkten.
Wall Street experienced a surge on Thursday driven by hopes of a pause in interest rates. Following slight gains the previous day, major indices closed higher on Thursday. The Dow Jones industrial average rose 1.2% to 53,686 points, the S&P 500 index gained 1.1% to 7,748 points, and the tech-heavy Nasdaq Composite increased 1.4% to 26,584.
The tech-focused Nasdaq 100 was up 1.2% at 29,482 points. The trading day was marked by contrasting developments, with opposing views from high-ranking Federal Reserve officials. Fed Director Christopher Waller stated that his decision about the appropriate monetary policy stance would depend on fresh inflation data. He would consider a rate pause if further progress towards the Federal Reserve's 2% inflation target is evident.
However, a rate increase could also be contemplated if inflation falls sharply. The current federal funds rate of 3.50% to 3.75% would only marginally dampen overall demand, so a significant inflation rise would not necessarily make him favor a tighter monetary policy. While inflation is currently "significantly above" the Fed's target, there are "gradual, but steady improvements."
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
