Heard on the Street Tuesday Recap: Fed Speak

Published 3 weeks ago Negative
Heard on the Street Tuesday Recap: Fed Speak
Auto
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.

Continue Reading

View Comments