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Us Close: Record Run Thanks to Prospect of Interest Rate Cuts

Summary by Moneycab
US Federal Reserve Chief Jerome Powell launched a price rally on the New York Stock Exchange on Friday with his speech in Jackson Hole.
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US Federal Reserve Chief Jerome Powell launched a price rally on the New York Stock Exchange on Friday with his speech in Jackson Hole.

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Moneycab broke the news in on Friday, August 22, 2025.
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