Stocks fall as strong jobs report dims hopes for an interest-rate cut - News Summed Up

Stocks fall as strong jobs report dims hopes for an interest-rate cut


Most investors have anticipated a Fed interest-rate cut this month, and perhaps one or two additional cuts later in the year, after the central bank signaled in June that it was prepared to lower interest rates to keep the economy growing in the face of slowing global growth and the fallout from U.S. trade conflicts.


Source: Los Angeles Times July 05, 2019 16:41 UTC



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