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U.S. stocks rallied after the inflation data boosted investors' hopes for an interest-rate cut next month. The S&P 500, Nasdaq and Dow rose 1.7%, 2.4% and 1%, respectively.
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Financial Times - Business
Labour needs Reeves to be an imperial chancellor
She already has a political empire, but she must command it — and neutralise damage from the government’s early mistakes41 minutes ago -
MarketWatch - Business
European Central Bank to cut interest rates again as inflation and economy cools
The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering economy.1 hour ago - Europe -
The New York Times - Top stories
Inflation Is Expected to Remain Subdued as Rate Cuts Near
The latest Consumer Price Index could show mild inflation, keeping the Federal Reserve on track to lower rates.2 hours ago -
NBC News - Top stories
Inflation expected to keep slowing ahead of anticipated Fed interest rate cut
The pace of inflation likely moderated again in August — further relief for beleaguered consumers still smarting from pandemic-era price shocks.2 hours ago - Federal Reserve -
The Wall Street Journal - World
Inflation Data in Focus as Stock Futures Slip
The August CPI will be one of the last big data releases before next week’s Fed meeting, at which policymakers are expected to make the first in a series of rate cuts.3 hours ago -
The Wall Street Journal - World
Euro Could Turn Lower if ECB Cuts Forecasts
If U.S. inflation data are lower than expected, the euro could edge higher against the dollar, but those gains might prove temporary ahead of Thursday’s European Central Bank meeting, Monex Europe ...3 hours ago -
Financial Times - Business
UK economy stagnated for second consecutive month in July
Figures are a blow to chancellor Rachel Reeves who has put growth at heart of government’s agenda4 hours ago - United Kingdom -
The Wall Street Journal - World
Stock Futures Edge Down With CPI Data in Focus
U.S. stock index futures were lower with consumer inflation data in focus ahead of next week’s Federal Reserve meeting.5 hours ago -
CNBC - Business
After Mondelez's gains, Cramer says wait to buy stock until the Fed cuts interest rates
Until the Federal Reserve starts to cut interest rates, CNBC's Jim Cramer on Tuesday advised investors to hold off on buying shares of Mondelez.12 hours ago - Federal Reserve
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