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World Stocks Rally on Rate Cut Hopes, Russell 2000 Surges
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World stocks reach highest since mid-September, driven by rate cut bets. Positive US consumer price data reinforces expectations for a soft landing and potential rate cuts. Stock markets celebrate the announcement of rate cuts, with the Russell 2000 index having its best day in over a year.
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How might the Federal Reserve's decision to pause rate hikes impact global markets?
How might the potential soft landing for the US economy affect other global economies?
What factors contribute to the positive sentiment in the stock markets?
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