analysis by بورس24 | Bourse24 about Stock بورس on 7/10/2024

🟢 This week's words of the President of the Central Bank of America about inflation and monetary policies have caused positive changes in the country's stock market and gold market. He said that significant progress has been made in the field of controlling #inflation, of course, more signs of reducing inflationary pressures should appear. Although the central bank authorities have not mentioned the possible time of interest rate reduction, analysts and investors believe that this action will be done in September and the last month of this year. They also believe that interest rates will be lowered at least four times next year. Some economists have long warned that it is very dangerous to keep interest rates high for a long time. Now it seems that the central bank is changing its stance and is preparing to cut interest rates. Today the inflation rate of the previous month and tomorrow the producer price index will be announced. If the content of these reports shows that inflation is decreasing, the risk appetite of investors will be increased. The record breaking of the American stock market indices has continued. @bourse24ir www.bourse24.ir