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Traders expect the Fed to cut interest rates by 25 basis points next week

Traders expect the Fed to cut rates by 25 basis points next week and expect a total of 100 basis points this year.

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Agencies: U.S. core inflation rose monthly, ruling out the possibility of a major interest rate cut by the Federal Reserve

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The futures of the three major US stock indexes fell short-term, and the Dow futures are now down 0.66%.

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