US STOCKS-Wall Street rallies as cooling inflation eases rate hike fears ...Middle East

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US STOCKS-Wall Street rallies as cooling inflation eases rate hike fears
source : Devdiscourse ( Middle East ) () 87
Wall Street rallied to close more than 1% higher on Wednesday after data showed U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.

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