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Wall Street closes for holiday today

Economies.com
2024-02-19 15:23 UTC

US stock and bond markets are closing today for the Presidents Day holiday. 

 

Markets will reopen tomorrow with investors continuing to assess the Federal Reserve's likely monetary policy decisions in the months ahead.

 

Recent US inflation data showed consumer prices rose more than expected in January, raising pressures on the Federal Reserve and hurting the odds of early rate cuts in March or May. 

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