US STOCKS-Wall Street Rallies As Cooling Inflation Eases Rate Hike...: Revision history

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28 January 2023

  • curprev 14:5114:51, 28 January 2023โ€Ž talkโ€Ž 4,268 bytes +4,268โ€Ž Created page with "Aug 10 (Reuters) - Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September.<br><br>After a rough start to the year, the benchmark S&P 500 is up nearly 15% from mid-June lows, largely on expectations the Fed will be less hawkish than anticipated in its efforts to provide a soft landing for the economy a..."