U.S. markets surge as Fed signals rate cuts on the way

U.S. markets surge as Fed signals rate cuts on the way

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Data: FactSet; Chart: Axios Visuals Stocks jumped as the Federal Reserve hinted that significant rate cuts are on the way next year. Why it matters: Hopes that rate hikes are finished have fueled this year's 22% rise in the S&P 500. The official statement from the U.S. central bank at 2pm ET on…

#chart #federalreserve #jeromepowell #sp #treasury

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