Wall Street rises on hopes of September rate cut

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Wall Street rises on hopes of September rate cut

The S&P 500 and the Nasdaq have risen in volatile trading as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month while awaiting policymakers’ commentary at Jackson ***** this week.

Expectations of a rate cut got a boost after minutes from the US central bank’s latest meeting showed on Wednesday a “vast majority” of officials said such an action was likely.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Wall #Street #rises #hopes #September #rate #cut

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up