> Stock market surges on hints of interest rate cuts
Stock market surges on hints of interest rate cuts
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Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
MORE: https://www.wthr.com/article/news/nation-world/powell-fed-may-cut-rates-soon-inflation-risks-remain/507-fe8cb622-1e44-4579-8af5-1e7cb4fc07c8