Dow Futures indicate a 57-point increase at the Dow Jones opening as a growing number of investors rushes back into stocks following the approval of yet another interest rate cut by the Fed to 1.75 percent to 2 percent. James Bullard, the president of St. Louis Federal Reserve, stated that a bigger benchmark interest rate […]
The post Dow Futures Spike as Fed Official Trumpets Bigger Rate Cut appeared first on CCN.com
source https://www.ccn.com/dow-futures-spike-fed-bigger-rate-cut/
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