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Read More »Yardeni Says Fed Cut Raises Odds of ‘Outright Melt-Up’ in Stocks
(Bloomberg) — US stocks can soar to fresh highs thanks to the Federal Reserve’s aggressive half-point interest rate cut last week, but it also could cause inflation to resurface if central bankers don’t tread carefully, according to Wall Street strategist Ed Yardeni. Most Read from Bloomberg The latest policy decision …
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