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In a large hall of St Saviour’s Monastery in Jerusalem, delicate musical notes not heard for 800 years rang through the air on Tuesday as midday bells chimed outside. Hunched over a small collection ...

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Wall Street traders drove stocks higher and bond yields lower as an unexpected decline in inflation reinforced bets the Federal Reserve will resume cutting interest rates in September.

A relatively tame inflation reading combined with more signs of jobs cooling spurred a rally on Wall Street amid speculation the Federal Reserve will slash interest rates for the first time this year.