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TradingView News reported that Wall Street experienced a rally due to positive inflation data, which aligns with expectations and suggests the Federal Reserve will continue reducing interest rates. While a rate cut is anticipated next week, experts foresee a more cautious approach in 2025 given persistent inflation. The SPDR S&P 500 ETF Trust (SPY) increased by 0.6% reflecting the overall market optimism. Investors now await the Fed's decision on future monetary policy adjustments.

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