Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife

The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […]

The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets

Source: https://www.ccn.com/news/dow-jones-federal-reserve/2019/07/19/

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