Global Stocks Rise on Fed Rate Cut Hopes

Market Optimism and Federal Reserve Expectations
Global stock markets are experiencing an uplift as investors remain hopeful that the U.S. Federal Reserve might soon decrease interest rates. This optimism follows the release of favorable U.S. consumer inflation data, which has bolstered expectations for a rate cut potentially as early as September. The easing of the dollar, alongside a rally in oil prices, further supports this trend.