The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire - and President Trump’s frequent demands - for an interest rate cut. Dow Mounts Swift Rebound The US stock market sprang higher at the opening bell […]
The post Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut appeared first on CCN Markets
source https://www.ccn.com/news/dow-jerome-powell-fed-rate-cut/2019/07/10/
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