Read full article: Trump was the subject of an apparent assassination attempt at his Florida golf club, the FBI says16 advisories in effect for 5 regions in the areaKings Head British Pub closes after over 30 yearsLIVE RADAR: Flood Advisory for multiple counties through TuesdayFILE - A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, on Sept. 9, 2024.
Investors will closely watch the Federal Reserve’s policy meeting on Tuesday and Wednesday, when the central bank is expected to announce its first interest rate cut since 2020. The Bank of Japan’s policy meeting on Thursday and Friday is expected to leave Japan's rate unchanged. The Dow Jones Industrial Average jumped 0.7% to 41,393.78 and the Nasdaq composite added 0.7% to 17,683.98.
How much to cut rates by will be a delicate balancing act for the Fed: Lowering them relieves pressure on the economy but can also give inflation more fuel. Reportsshowed some underlying upward pressure may remain on inflation, which initially pushed traders to ratchet back expectations for the size of the Fed’s upcoming move.
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