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US inflation cools again: Will it pave the way for a rate cut?

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Both the S&P 500 and Nasdaq ended at all-time highs following comments from US Federal Reserve Chair Jerome Powell that the central bank would not wait until inflation hit two per cent before considering a rate cut.

https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-sp-500-nasdaq-rally-records-interest-rate-cut-expectations

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