Stocks gain, dollar sags as Fed chief shores up rate cut prospects
Thursday, 11 July 2019 (
5 days ago)
World stocks rose, global bond yields fell and the dollar weakened after
Federal Reserve Chairman Jerome Powell bolstered expectations the Fed would cut U.S. interest rates soon.
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Fed Sends Stocks Soaring
Tokyo (Reuters) - Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and..
Credit: Wochit Business Duration: 00:41 Published on June 5, 2019
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