U.S. stocks jumped to their biggest gains in more than two years, after softer-than-expected inflation data reignited bets that the Federal Reserve would slow the pace of its interest-rate increases
U.S. stocks jumped to their biggest gains in more than two years, after softer-than-expectedreignited bets that the Federal Reserve would slow the pace of its interest-rate increases.
Thursday’s rally was a stark reminder of how much weight investors have been putting on the path of inflation this year.
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