Why The Stock Market Has Risen Even With No Fed Rate Cuts, Inflation Falls To 3.3% In May In Boost To Markets, Designer of World's Tallest Building Wants to Turn Skyscrapers into Batteries Followed by

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Why The Stock Market Has Risen Even With No Fed Rate Cuts

The Federal Reserve has disappointed investors this year, but no matter. The markets have adjusted. Even without any interest rate cuts so far in 2024 and with the likelihood of just one meager rate reduction by the end of the year the stock market has been purring along. That’s quite an achievement, given the expectation in Jan that the Fed would trim rates 6 or 7 times in 2024. (Full Story)

Inflation Falls To 3.3% In May In Boost To Markets

US inflation fell to 3.3% in May, raising expectations of early interest rate cuts and delivering a boost to the stock market and the Biden administration. The data, issued hours before Federal Reserve officials outlined their plans for rate cuts this year, was marginally below economists’ expectations. (Full Story)

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Why The Stock Market Has Risen Even With No Fed Rate Cuts, Inflation Falls To 3.3% In May In Boost To Markets, Designer of World's Tallest Building Wants to Turn Skyscrapers...

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