Rate Cut Mania: Wall Street Highs, Dollar Lows?
Update: 2025-09-10
Description
Wall Street cheers surprisingly low inflation data with tech stocks soaring, led by Oracle's massive surge, but a potential Fed rate cut could weaken the U.S. dollar as geopolitical tensions send oil prices spiking. Traders are also watching Fed leadership changes and worrying about the central bank's forecasting track record, while bracing for key economic data releases from Japan, Europe, and the U.S. that could signal further pressure on the dollar.
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