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PPI Report: Wall Street Awaits Wholesale Inflation Data For Further Cues On Fed’s Rate Path Ahead

Wall Street is waiting for the release of producer price index (PPI) data on Thursday for cues on the interest rate path ahead for the Federal Reserve. The Bureau of Labor Statistics (BLS) is set to ...
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Wall Street strategists predict bull market path for stocks after Powell’s 'risk management' rate cut

Stocks keep hitting record highs — and the Federal Reserve just gave them another reason to climb. The central bank cut rates by a quarter point on Wednesday and signaled two more reductions are ...