Tuesday witnessed a notable surge on Wall Street, buoyed by a milder inflation report than expected in the United States. This development has ignited a wave of optimism among investors, fueling speculations that the Federal Reserve might pivot away from its high interest rate policy. This shift in sentiment is rooted in the belief that the Fed is nearing its target of price stability, a critical factor in shaping economic policy
Tuesday witnessed a notable surge on Wall Street, buoyed by a milder inflation report than expected in the United States. This development has ignited a wave of optimism among investors, fueling speculations that the Federal Reserve might pivot away from its high interest rate policy. This shift in sentiment is rooted in the belief that the Fed is nearing its target of price stability, a critical factor in shaping economic policy
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