Stocks hit record for second day, yields steady after Fed cut
Inflatie
NEW YORK/LONDON :Shares on Wall Street scaled record highs on Thursday, lifting stock markets around the world, while U.S. Treasury yields retreated as investors processed a second Donald Trump presidency and an interest rate cut from the Federal Reserve. The Fed lowered rates by 25 basis points on Thursday, as expected, noting that the job market has generally eased while inflation is moving toward its 2 per cent target. The Fed altered its language on inflation slightly, saying price
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