Nasdaq 100 Hits Record High Amid Fed Rate Cut Speculation

According to Odaily, investor sentiment received a boost on Wednesday as expectations for a Federal Reserve rate cut strengthened. Following the U.S. Consumer Price Index (CPI) inflation data meeting expectations, speculators increased their bets on a potential rate cut by the Federal Reserve. This prospect of a more accommodative monetary policy propelled the tech-heavy Nasdaq 100 index to a... source: https://www.binance.com/en/square/post/17465351403930?utm_source=BinanceNewsRSS