Dow Eyes Surprising Recovery as Fed Rate Cut Rumors Swirl

2019-5-31 18:40

By CCN: The Federal Reserve has consistently rebuffed pressure to conform its interest rate policy to the Trump administration’s wishes. However, as the trade war rages, some analysts believe the Fed could cut its benchmark rate by the year’s end, capitulating to the White House and providing the Dow Jones with much-needed positive momentum.

Minutes after its opening, the Dow Jones climbed by 85 points to clear the 25,200 point threshold, as the rapid decline in the yield of the U. S. Treasury note stabilized overnight. The DJIA later pared those gains, and by 3:31 pm ET the index had slipped

The post Dow Eyes Surprising Recovery as Fed Rate Cut Rumors Swirl appeared first on CCN

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

DOWCOIN (DOW) на Currencies.ru

$ 0.000806 (-0.06%)
Объем 24H $0
Изменеия 24h: 5.12 %, 7d: -66.26 %
Cегодня L: $0.000806 - H: $0.000806
Капитализация $9.547k Rank 2222
Цена в час новости $ 0.0054561 (-85.23%)

dow rate fed cut jones swirl surprising

dow rate → Результатов: 31