U.S. Stocks Dial Strong Open as Hope Swells for Fed Rate Cut
U.S. stocks are set for a strong opening based on pre-market data as the Federal Reserve turns dovish, increasing chances of additional cuts on the interest rate, alleviating pressure from the stock market. Speaking to CNBC, Charles Evans, president of the Federal Reserve Bank of Chicago, said that he remains open towards more interest rate […]
The post U.S. Stocks Dial Strong Open as Hope Swells for Fed Rate Cut appeared first on CCN.com