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🔹 U.S. CPI came in below expectations, indicating cooling inflation, but the data has yet to reflect the impact of tariffs, so the Fed is not expected to ease policy just yet. 🔹 The U.S. lifted restrictions on chip exports, raising hopes for improved U.S.-China trade relations and AI development, which supports tech stocks and overall stock market gains. 🔹 Cooling inflation temporarily boosts expectations of a Fed rate cut. 🔹 Reduced economic risks have led to outflows from safe-haven assets
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