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What a Difference a Day Makes: 2019 Rate Cut Mania

By: ETFdb
By Direxion What a difference a day makes. Or even a few hours. That’s how sharply the markets turned after Federal Reserve Chair Jerome Powell stated in an address about the committee’s approach to monetary policy that they were “closely monitoring the implications” of President Trump’s array of tariffs on the domestic economy and would “act as appropriate to sustain the expansion.”
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