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  • Ballestas Group

Year-End Rally! Rate Cut Expectations Drive Stocks to Record Highs in the U.S.

A strong rally was seen throughout December, pushing stocks to record highs. Expectations that the Federal Reserve will begin easing monetary policy in March triggered a strong rally in U.S. stocks since early November, after a series of economic indicators pointed to a slowdown in inflation and a weakening, albeit historically strong, labor market.



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