News list for " Shangsuo"

Wall Street is betting that Federal Reserve Chairperson Jerome Powell will confirm an imminent rate cut at the annual meeting in Jackson Hole. But equity traders are likely to be disappointed as the focus shifts from "will it be cut" to "how much". "If traders hear about an imminent rate cut, the stock market will react positively," said Eric B.

2024-08-19 07:57:32