Live: US interest rate cuts likely in September after inflation falls, S&P 500 and Nasdaq drop

Cooler inflation figures out of the US have all but guaranteed the Federal Reserve will cut interest rates in September, while the local share market is set to defy losses recorded by the S&P 500 and Nasdaq overnight. Follow live. Cooler inflation figures out of the US have all but guaranteed the Federal Reserve will cut interest rates in September, while the local share market is set to defy losses recorded by the S&P 500 and Nasdaq overnight. Follow live. Banking, Currency, Financial Markets, Money and Monetary Policy, Retail Industry, Stock Market, Tax, Business, Economics and Finance, Economic Trends, Company News, Cryptocurrency Latest business news