Small-cap stocks rallied after comments from Federal Reserve Chair Jerome Powell buttressed expectations that more interest-rate cuts are coming. Powell suggested a cut is likely this month due to job-market weakness, despite inflation concerns. Also on Tuesday, USTR Jamieson Greer said President Trump and Xi Jinping are set to meet, dispelling some concern on that front.
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Heard on the Street Tuesday Recap: Fed Speak
Published 3 weeks ago
Oct 15, 2025 at 7:11 AM
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