Wall Street Soars on Federal Reserve’s Hawkish Signals, Fueling Market Momentum
Wall Street Soars on Federal Reserve’s Hawkish Signals, Fueling Market Momentum Federal Reserve Chair Jerome Powell suggested that lasting high ostentation would have delayed an anticipated US rate cut, but he dismissed the effect of an impending need for rate hikes. Marketed indicators implied a 59% chance of the beginning,’ rate cut of at least…