Stocks on Wall Street fall back on reduced Fed rate cut hopes
Federal Reserve chair Jerome Powell is under pressure from President Donald Trump for a reduction.
Nevil Gibson
Tue, 09 Jul 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Stocks on Wall Street fell as investors focused on the future of interest rates.
Federal Reserve chair Jerome Powell has been under pressure from President Donald Trump to cut rates. Powell is due to give testimony on Capitol Hill on Wednesday and Thursday.
Futures traders expect a 93%
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Nevil Gibson
Tue, 09 Jul 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
