Stocks on Wall Street fall back on reduced Fed rate cut hopes
Federal Reserve chair Jerome Powell is under pressure from President Donald Trump for a reduction.
Nevil Gibson Tue, 09 Jul 2019
Stocks on Wall Street fell as investors focused on the future of interest rates.
Federal Reserve chair Jerome Powell has been under pressure from President Donald Trump to cut rates. Powell is due to give testimony on Capitol Hill on Wednesday and Thursday.
Futures traders expect a 93%
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).