Stocks Surge Despite Inflation: Fed Rate Cut Incoming?
Update: 2025-09-11
Description
Wall Street defied sticky inflation data, surging on hopes of Fed rate cuts fueled by rising jobless claims. The Dow Jones exploded over 500 points despite August's hotter-than-expected Consumer Price Index, as investors bet on the Federal Reserve to act. With a 90% chance of a rate cut next week, all eyes are now on Kroger and Adobe earnings for further economic clues.
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