Stocks rallied to more records Wednesday after the Federal Reserve indicated it’s still likely to deliver the cuts to interest rates this year that Wall Street craves.
Stocks rallied to more records Wednesday after the Federal Reserve indicated it’s still likely to deliver the cuts to interest rates this year that Wall Street craves.
Fed Chair Jerome Powell said he noticed the last two months’ worse-than-expected reports, but they «haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road towards 2%.
