Wall Street indexes had rallied to record highs last week after the Fed cut interest rates and marked the beginning of an easing cycle. But gains cooled towards the end of the week, given that future rate cuts are still largely contingent on the path of the U.S. economy.
Investing.com-- U.S. stock index futures moved little in evening deals on Sunday as a rally on the back of a bumper interest rate cut petered out, with focus turning to a slew of more signals from the Fed eral Reserve this week.
While the move had pushed Wall Street to record highs, overall gains were limited, given that the Fed held a less dovish medium to long-term outlook.PCE price index
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