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S&P 500 Falls for Fourth Straight Session on Fading Hopes for Interest-Rate Cuts The index s losing streak is its longest since the first week of 2024. Fed s Mester Says Recent Inflation.

Loretta mesterAsahi noguchiEuropean unionFourth straight sessionFading hopesInterest rate cutsRate cutsFunds are pullingFrom stocksSteady yuanAsian currencies come under pressureMember noguchi callsCautious approachFuture policy tighteningReports steady youth unemploymentData paints mixed economic picture