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Inflation Drops, Stocks Rally: Fed Rate Cuts in Sight?
Stock market surges as inflation drops to 2.7%, lower than expected, sparking a rally. However, missing data in key categories like shelter, food, and energy casts a shadow on the reports reliability. Despite this, a cooling inflation trend could pave the way for potential Fed rate cuts, potentially fueling the stock markets growth.
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Published on 2 days, 23 hours ago