Stocks fall in wake of Fed’s rate cut
The door remains open for a further reduction.
Nevil Gibson
Thu, 01 Aug 2019
Stocks on Wall Street fell after the US Federal Reserve cut interest rates for the first time in a decade.
Major stock indexes have rallied this year as investors have cheered the prospect of the Fed reversing its strategy of lifting interest rates.
The quarter of a percentage point cut –
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Nevil Gibson
Thu, 01 Aug 2019
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