Traders get their wish as Fed has greenlight to cut twice more in 2025

Traders get their wish as Fed has greenlight to cut twice more in 2025

The delayed inflation data finally came Friday, giving Wall Street one final reason for optimism ahead of the Federal Reserve’s two-day policy meeting next week. The consumer price index increased 0.3% in September from August, bringing the 12-month inflation rate to 3%. Economists surveyed by Dow Jones had estimated gains of 0.4% and 3.1%, respectively….

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