Stocks Finish Sharply Higher on Plans to Reopen the US Government

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• Would give House lawmakers 36 hours' notice to return to the Capitol once the Senate passes the bill

  80% confidence

• 82% of the S&P 500 companies that have reported so far have beaten forecasts, on course for the best quarter since 2021

  80% confidence

• Q3 profits have risen 14.6% thus far, more than doubling expectations of 7.2% y/y

  80% confidence

• So far, the effects of the tariffs have largely been confined to goods, with little spillover into services inflation or inflation expectations, which remain relatively well-anchored around our 2% target

  80% confidence

• Expects a substantial rebound in the US economy in the first quarter, and there's limited room for further interest rate reductions without monetary policy becoming overly accommodative

  80% confidence

• We see a labor market that's softening and wage growth that is moderating, so we don't want to make the mistake of holding on too long to high interest rates only to find out we've injured the economy

  80% confidence

• The tariffs were an imposition of taxes on Americans, and that has always been the core power of Congress

  80% confidence

Cited in these Via News reports

• Global Markets Surge as Fed Sees Tariff Impact Contained, Labor Softening →
• Global Markets Surge as Fed Signals Rate Stability and Washington Averts Shutdown →