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Markets rally after Powell comments
Daily
1 month ago
1 min 0 sec read

Markets rally after Powell comments

U.S. Fed Chair Jerome Powell held the key lending rate in America, but his comments on Wednesday afternoon warned of economic weakness due to Trump's tariffs, and he signaled two interest rate cuts for 2025. The S&P jumped 1.08%, the Nasdaq 1.41% and the Dow 0.92% as the entire Mag

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