Dow Gets Rate Cut Indigestion After Fed Delivers 25-Basis Point Cut
August 02, 2019 at 09:00 AM EDT
The capital markets got what they were hoping for on Wednesday after the Federal Reserve delivered a rate cut of 25 basis points. However, the rate cut indigestion by the major indexes may have showed that the markets were hoping for a larger cut. “There’s a range of things that they’re looking...