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Markets Rise, Yen Falls, Fed Signals Tight | Business and Finance News
Description
Stocks soar to multi-year highs as the S&P 500 delivers its best quarter in six years, while the Japanese yen plummets to a 40-year low—making travel cheaper but life more expensive for locals. Housing prices tick up, but after adjusting for inflation, home values have fallen for 11 straight months. The Supreme Court sides with free speech, striking down limits on political spending by parties working with candidates. Meanwhile, the Fed’s cautious tone hasn’t dulled its influence—bond yields rise as investors brace for a tougher inflation fight.
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