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Wall Street Reacts to Hawkish Fed Talks, Mixed Report Card, and Anticipation of Federal Reserve Meeting /
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2024-06-10 00:56:29

Wall Street Reacts to Hawkish Fed Talks, Mixed Report Card, and Anticipation of Federal Reserve Meeting on Nostr: Rising Inflation and Federal Reserve Meeting Impact US Market Direction ...

Rising Inflation and Federal Reserve Meeting Impact US Market Direction
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#22f10e38 ver:0.62

US market direction is influenced by rising inflation and the upcoming Federal Reserve meeting. Mixed performance on Wall Street as hotter than expected retail sales drag down the market, but recent Fed talks suggest rate cuts may be considered in 2025. Bank earnings and tensions between Iran and Israel also impact the market. Investors await the Fed meeting for clues on rate cut plans. The market is looking for clarity and hopes for a rate cut to avoid prolonged elevated borrowing costs. #USmarket #inflation #FederalReserve...

#newstr #Inflation #FederalReserveMeeting #UsMarket

https://here.news/story/22f10e38?ver=0.62
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