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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
5 mins to read

Stocks advance as US Federal Reserve holds back from rate cut

Analysts still expect the Fed to slash interest rates later this year.

Nevil Gibson
Thu, 20 Jun 2019

If the world is poised for war over Iran and Hong Kongs financial system is facing collapse  as some media commentators claim– then no one told Wall Street or the US Federal Reserve.

Fed officials resisted calls for a rate cut and held their benchmark in a range between 2.25% and 2.5%. Only

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Nevil Gibson
Thu, 20 Jun 2019
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Stocks advance as US Federal Reserve holds back from rate cut
General Business,
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