Markets Cheer Cooling Inflation, Setting Stage for Rate Cut

American stock indices experienced a surge fueled by July inflation figures that fell short of expectations. This positive macroeconomic signal boosted investor confidence and spurred predictions of an early Fed rate cut as soon as September, now almost certain across the financial landscape. This momentum reverberated through global markets, impacting tech giants in Asia and fueling anticipation of a shift in interest rates in traditional finance. The interplay between macroeconomics, finance, and decentralized finance is becoming increasingly intertwined.