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Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut

Originally published on: CCN Markets
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July 10, 2019

The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire – and President Trump’s frequent demands – for an interest rate cut. Dow Mounts Swift Rebound The US stock market sprang higher at the opening bell […]

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