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Stocks rise after ceasefire between Israel and Iran, even as Fed Chair Jerome Powell holds off on rate cuts

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Stocks rise after ceasefire between Israel and Iran , even as Fed Chair Jerome Powell holds off on rate cuts.

Powell : "If it turns out that inflation pressures do remain contained, we will get to a place where we cut rates sooner rather than later" Powell also raised the possibility of retaliatory Iranian cyberattacks on the U.S ..