US Stock Markets Surge as Inflation Data Boosts Hopes for Interest Rate Cut

Post Views: 448 US Stock Market Nasdaq Reaches Record High on Fed Rate Cut Expectations US stock indexes rallied, buoyed by recent inflation data which has increased the likelihood that the Federal Reserve will cut interest rates at its meeting next week. The Nasdaq Composite Index soared to a new record high as traders reacted positively to the data, believing it paves the way for more economic support from the Fed.   Mild Inflation Data Supports Rate Cut Outlook Inflation in the United States saw a modest increase in November, driven by higher prices for used cars, hotel rooms, and groceries...