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US stock market: rate cut opens door to new record highs
The US stock market has entered
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The US stock market has entered a new phase following the Federal Reserve's first rate cut of the year. The decision to lower the federal funds rate by 25 basis points was widely anticipated and already priced in by market participants — but how Jerome Powell framed the move sparked active debate. The Fed Chair described the decision as a "risk management" cut, emphasizing that the central bank has no risk-free path forward. In other words, the rate was lowered not
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