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ZACKS·2025-09-19 17:06
After reversing course in early April and rebounding around 33% as of Sept. 18, the S&P 500 has gained about 3.40% so far in September. With the Fed delivering its first rate cut of 2025, signaling two more this year and raising its GDP forecast, the moderate market momentum is likely to continue.According to the CME FedWatch tool, markets are anticipating a 91.9% likelihood of interest rates being lowered to 3.75-4% in October and a 78.6% likelihood of interest rates being cut to 3.5-3.75% in December.Econ ...