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Posted 2 hours ago
US stocks rally on surprise inflation data; September rate path in focus
US equities surged following softer-than-expected inflation data, reshaping Fed rate expectations ahead of September policy decisions. The data release supports a potential pause in tightening, benefiting risk assets and the USD. Traders are repricing rate differentials; key economic data (EU/UK PMIs, US jobless claims) due Friday will test whether growth momentum sustains the softer inflation narrative.
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