Category

NASDAQ

Stocks are jumping as traders bet Fed Chair Jerome Powell will signal more interest-rate cuts in his speech today NASDAQ

Stocks are jumping as traders bet Fed Chair Jerome Powell will signal more interest-rate cuts in his speech today

Global stocks jumped on Friday as traders wagered Federal Reserve Chair Jerome Powell will confirm an expected cut to interest rates in September during his speech in Jackson Hole, Wyoming today. "To say that the stakes are high for the meeting is an under…
bubmag
August 23, 2019