Themes US Cash Flow Champions ETF Price & Performance (LGCF)

The Federal Reserve announced a 25 basis point increase in interest rates, marking its third hike this year. Officials emphasized their commitment to curbing inflation, which remains above the 2% target. This move aligns with expectations but raises concerns about potential impacts on economic growth and borrowing costs.1

Major technology companies saw gains as increased investments in artificial intelligence fueled market optimism. Companies like Alphabet and Nvidia led the charge, with analysts predicting continued growth in the AI sector. The rally comes despite broader economic uncertainties, highlighting investor confidence in tech innovation.

Crude oil prices rose sharply following reports of reduced output from key OPEC members. The production cuts, aimed at stabilizing global markets, come as demand remains robust. Analysts warn that sustained price increases could exacerbate inflationary pressures, complicating central banks' efforts to balance growth.