After 9 months on hold, the Fed could cut rates in September. Why the long
pause may extend stocks’ rally.
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The long pause between rate cuts could be particularly bullish for
equities, potentially extending and broadening the stock market’s rally,
analysts said.
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The decision stems from a lawsuit filed by a student charging that the teacher’s hostile remarks about creationism and religious faith violated a First Amendment mandate that the government remain neutral in matters of religion.
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