US Fed rate cut speculation sends global stocks higher
Dow notches best week in more than six months.
Nevil Gibson
Mon, 10 Jun 2019
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Renewed hopes the US Federal Reserve will cut interest rates to boost a faltering economy are sending global stockmarkets higher.
Contributing factors were a weaker-than-expected jobs data from the US Labor Department, reports of a major aerospace merger and the dropping of plans to impose
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Nevil Gibson
Mon, 10 Jun 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.