Rate cut hopes gained steam on another strong day on Wall Street, but inflation data and weekly jobless claims could swing sentiment.

At least that’s what Wall Street’s fear gauge suggests. The VIX plunged to its lowest point of 2025 on Wednesday, just above 14 — roughly 30 percent below its long-run average of 20 — while the S&P ...

After a tame July inflation report, expectations for a rate cut at the Federal Reserve's policy meeting in September have jumped.