ECB's Stournaras: Soft landing achieved, but must remain flexible and ready to act

BoC eyes 25 bps cut amid weak jobs & Q2 contraction. Inflation holds near 3%, Fed also expected to cut.

Eurozone inflation hits 2% target! ECB holds rates steady, citing stable outlook. Food prices still high, energy costs dip.

Dow futures flat as traders await Fed's rate decision. Wall Street hit records, but Tesla's surge is a key focus.

Oracle's 84% surge on AI demand faces scrutiny: 43x P/E, higher than NVDA. Growth bets drive valuation.

Fed rate cuts expected to boost stocks 11% avg. but risk recession; valuations may be stretched.

Fed divided on rate cuts: 25bps expected, but dissents for 0 or 50bps loom. Job market data key.

Fed rate cuts boost tech (+17%) & banks (+5%)! Small caps rally 5%. Utilities +10%. Housing lags.