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Wall Street bets with more certainty on a rate cut

Wall Street bets with more certainty on a rate cut

  • TV-G
  • 2019
  • 1mins
U.S. stocks staged a powerful rally on Tuesday as a speech from Federal Reserve Chairman Jerome Powell did little to alter a growing belief on Wall Street that the Fed's next move will be a rate cut in response to a slowing economy. Conway G. Gittens reports.