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Market Close: Stocks Fall But Cut Earlier Losses, CPI Hotter Than Expected, One Fed Official Suggests Skipping Next Rate Cut

CNBC Business News Update

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Market Trends and Fed Insights Amid Volatile Economy

This chapter examines the stabilization of inflation and employment rates, along with insights from a Federal Reserve official regarding potential pauses in interest rate cuts. It also features notable companies achieving all-time highs amidst market fluctuations, particularly CVS Health's impressive stock performance.

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