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Jed Graham: Fed Cuts Key Rate, Hints At Balance Sheet Expansion; Dow Jones Rebounds


The Fed cut its benchmark rate a quarter-point on Wednesday, but gave mixed signals about the chances of further rate cuts. After release of the policy statement, the losses deepened for the Dow Jones and broader stock market. But the stock market recovered as Fed Chair Jerome Powell hinted that the Fed might announce renewed expansion of

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Posted: September 18, 2019 Wednesday 04:15 PM