此前一天，加拿大统计局公布的数据显示，8月份消费者价格指数同比增长至1.9%，表明通胀率正在接 近2%，为央行调整利率提供了窗口。同时，受美国关税影响，加拿大失业率也在升高。多重因素之 下，加拿大银行做出降息决定。 加拿大银行（央行）当地时间9月17日宣布，将政策利率降低25个基点至2.50%。 来源：央视新闻客户端 ...

Market Overview - DJIA increased by 271 points or 0.59% to reach 46,029, while Nasdaq decreased by 76 points or 0.34% to 22,257, and S&P 500 traded at 6,603, down 3 points or 0.05% [2][4] - Anticipation of a 0.25 percentage point interest rate cut by the Federal Reserve is influencing market movements, with traders closely monitoring for indications of further cuts [4][5] Company Highlights - Workday saw a significant gain of 6.9% after Elliott Investment Management acquired a stake exceeding $2 billion and expressed support for the company's management, alongside an expansion of its share buyback program to $4 billion [2][4] - General Mills experienced a decline of 1.9% despite reporting higher-than-expected profits for the latest quarter, with revenue meeting forecasts [2][4] - RCI Hospitality Holdings fell by 10.2% following accusations of bribery and other crimes by New York's attorney general, impacting its operations in the strip club and sports bar sectors [3][4] Upcoming Events - Online ticket marketplace StubHub is set to debut on the New York Stock Exchange under the ticker "STUB," with shares priced at $23.50 in its initial public offering [3][4] Economic Indicators - Japan's Nikkei 225 index decreased by 0.2% as exports to the U.S. fell by 13.8% in August compared to the previous year, attributed to tariffs on cars [5] - The yield on the 10-year Treasury bond slightly decreased to 4.02% from 4.04% [5]

Company Performance - Workday experienced a significant gain of 6.9% after Elliott Investment Management disclosed a stake of over USD 2 billion and expressed support for its management [1][11] - General Mills reported better-than-expected profits for the latest quarter, but its revenue only matched forecasts, leading to a 1.9% drop in its stock [2][11] - RCI Hospitality Holdings saw a sharp decline of 10.2% following accusations of bribery and tax evasion by New York's attorney general [8][12] Market Overview - The S&P 500 remained virtually unchanged, hovering near its record set earlier in the week, while the Dow Jones Industrial Average rose by 211 points, or 0.5% [1][11] - The upcoming Federal Reserve interest rate decision is anticipated to be a key event, with expectations of a quarter-point cut [5][12] - International markets showed mixed results, with Japan's Nikkei 225 slipping 0.2% due to a 13.8% drop in exports to the US [9][10][12] Investment Activities - Workday announced an increase in its stock buyback program, allowing for up to USD 4 billion in purchases to return cash to investors [1][11] - StubHub is set to debut on the New York Stock Exchange with an initial public offering price of USD 23.50 per share [9][12]

Core Viewpoint - The Federal Reserve is expected to lower the benchmark interest rate by 0.25 percentage points to a range of 4% to 4.25%, marking the lowest level since the end of 2022, but the focus is on future monetary policy direction rather than the immediate rate cut [4][13]. Economic Conditions - The significant slowdown in the job market is a primary reason for the Fed's shift in policy [5]. - Recent data shows that from June to August, the average monthly job growth was only 29,000, far below the expected 150,000, with a downward revision of 911,000 jobs added over the past year [7]. - The Consumer Price Index (CPI) rose by 2.9% year-on-year in August, the highest level this year, exceeding the 2% policy target, although concerns about inflation are being overshadowed by the urgency of declining employment [8]. Political Context - The upcoming Fed meeting is characterized by unprecedented political pressure, with President Trump advocating for a drastic rate cut to 1% and criticizing Fed Chair Powell [9][11]. - There are ongoing personnel disputes within the Fed, including attempts by Trump to influence board appointments, which could have long-term implications for Fed policy [11][12]. Market Focus - While a rate cut is anticipated, the market is more concerned with the Fed's future signals regarding monetary policy [13]. - Fed Chair Powell's emphasis on prioritizing employment over inflation will be closely monitored, as will the Fed's updated economic forecasts, which will influence market expectations for future rate cuts [14].

Federal Reserve Interest Rate Decision - The Federal Reserve is expected to announce a decision on interest rates at 2 PM Eastern time, with differing expectations from economists [1][2] - Veronica Clark anticipates five consecutive 25 basis point cuts starting today, citing a gradual weakening in the labor market [3][4] - Mark Vitner suggests that the Fed should consider cutting rates in only two of the next three meetings, emphasizing the need for a balanced approach [5][6] Labor Market Insights - Clark expresses concern over the labor market risks, indicating a potential for layoffs and a need for the Fed to act [3][4] - Vitner acknowledges the weakening labor market but believes that aggressive cuts could lead to higher long-term rates, which would not benefit the housing market [6][18] - There is a discussion about the impact of tariffs on consumer spending and the overall economy, with a focus on the shift in spending from services to goods [9][10] Housing Market Dynamics - The housing market is described as "dead in the water," with a need for mortgage rates to drop below 6% to stimulate activity [6][19] - There is a significant inventory of new homes, the highest since 2007, which needs to be addressed for the market to recover [19][20] - Builders are currently hesitant to lower prices despite the inventory issues, indicating a challenging environment for the housing sector [19][20] Economic Outlook - The economists discuss the potential for a rebound in consumer spending, suggesting that recent uncertainties may have been temporary [12][14] - Concerns are raised about the long-term implications of the Fed's decisions on inflation and the overall economic landscape [8][18] - The conversation highlights the importance of effective communication from the Fed to manage market expectations and avoid negative reactions [18][21]

Core Insights - Enova International (ENVA) shares increased by 3.8% to close at $121.13, supported by strong trading volume, and have gained 8.2% over the past four weeks [1][2] Company Performance - Enova International is expected to report quarterly earnings of $3.04 per share, reflecting a year-over-year increase of 24.1%, with revenues projected at $805.14 million, up 16.7% from the previous year [3] - The consensus EPS estimate for Enova has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] Market Context - The Federal Reserve is anticipated to cut interest rates, which is expected to enhance loan demand, positioning Enova as a key beneficiary in the financial services sector [2] - Enova International holds a Zacks Rank of 1 (Strong Buy), indicating strong investor sentiment towards the stock [4]

NEW YORK (AP) — U.S. stocks churned between gains and losses on Wednesday but ultimately remained near their record levels. The S&P 500 slipped 0.1% and hung near its all-time high set at the start of the week. The Dow Jones Industrial Average rose 260 points, or 0.6%, while the Nasdaq composite fell 0.3%. The swings came after the Federal Reserve cut its main interest rate for the first time this year. That move was no surprise for Wall Street, which was widely expecting it. More important was the set o ...

Do you believe the Federal Reserve is an independent body. What what do you think about the independent. Oh, it should be.It should be, but I think they should listen to smart people like me. I think I have a better instinct than him. If you look, all the economists got it wrong.I got it right along with one other people out of a hundred. So, they should listen to people that are smart. Nothing wrong with that.But they have to make their own choice. But they should listen. The Federal Reserve in the hot sea ...

Consequential debates over the path ahead on rates are being upstaged by political theater, including a legal fight over Fed independence and a 'beauty contest' succession drama. ...

Core Viewpoint - The vote represents a significant accomplishment for the White House, highlighting a unique arrangement where Miran will remain in his White House position on unpaid leave while also taking on responsibilities at the central bank [1] Group 1 - The arrangement allows for continuity in the White House while also addressing central bank needs [1] - Miran's dual role may influence monetary policy decisions and economic strategies [1] - The decision reflects the administration's approach to integrating government roles for efficiency [1]