Inflation Cools, Tech Rebounds: Fed Rate Cut Odds Rise
Update: 2025-12-18
Description
Welcome news for stock investors: lower-than-expected inflation and a tech sector rebound. Micron Technologys strong earnings drive chip stocks up by 14%. Broad market rally follows, with Nasdaq, S&P, and Dow posting gains. Federal Reserves rate cut odds increase, as inflation risks seem to be outpaced by job market risks. Microns impressive revenue boosts AI sector confidence, easing recent sell-off concerns.
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