Stocks are dipping on fears the Fed might hold off on cutting interest rates — it’s ‘all investors care about’

Stocks are dipping on fears the Fed might hold off on cutting interest rates — it's 'all investors care about'

Federal Reserve Chair Jerome Powell’s testimony in front of Congress today could signal whether a rate cut is coming this month.

Stocks slipped on Wednesday ahead of Jerome Powell’s testimony in front of Congress, as traders worried the Federal Reserve’s chief might signal the central bank won’t cut interest rates this month as expected.
Investors suspect the Fed will lower the fede… [+1907 chars]
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Shelly Spencer

Shelly Spencer

Business Journalist,Merchant Cash Advance 360