Hosted on MSN1mon
Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over 2-Year High, Bitcoin Sinks Below $100,000: This Week In The Market
Yet, it wasn't the rate cut itself that shocked Wall Street: it was the Fed’s revised economic forecasts and Chair Jerome ... Powell's message drained investor hopes for a Santa Claus Rally ...
Benzinga.com5y
Jerome Powell
US Stocks Likely To Open In Red After Christmas Break But Analysts Still Expect A Santa Rally Into The New Year Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over ...