Wall Street's major share indices have rallied after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year.
Hello, I'm with you for the morning market action, before Rachel Pupazzoni takes over for the afternoon.The decision to keep rates on hold was widely expected, but comments after the meeting from Fed chair Jerome Powell have left markets feeling confident another rate rise is unlikely, according to"The Fed did not rule out a rate increase in the coming months, but swap contracts showed traders weren't convinced.
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