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S&P 500 - US Stock Market Bets on Aggressive Fed Interest Rate Shift Despite Persistent Inflation The American stock markets remain optimistic ahead of the expected interest rate cut by the Federal Reserve next week, although inflation data continues to signal challenges. The S&P 500 Index has recovered from initial losses due to weak labor market data and is currently trading near the 6,500-point mark. Money markets have already priced in nearly three interest rate cuts for the current year, starting in September, while the yields...
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