Fed Signals One More Cut This Year as Inflation Cools Faster
Markets rally as Powell hints at a more dovish path through Q4.

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Markets rally as Powell hints at a more dovish path through Q4.
BlackRock IBIT leads as institutional demand surges to YTD high.
Big tech leads Wall Street higher; Nasdaq up 1.4%.
10Y down 12bps; curve steepening reignites debate.
Central bank buying and geopolitical risk premia push gold higher.
Lagarde hints at September cut; euro firms against dollar basket.
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