Stocks on Wall Street rise on hopes of imminent Fed rate cut
Analysts expect interest rates will remain unchanged this month but a cut will come later this year.
Nevil Gibson
Tue, 18 Jun 2019
Stocks on Wall Street rose on speculation the US Federal Reserve would slash interest rates this year.
A Fed meeting will conclude on Wednesday. The Bank of Japan and the Bank of England are also holding meetings this week.
US stocks have rallied this month after Fed chairman Jerome Powell
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Nevil Gibson
Tue, 18 Jun 2019
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