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Interest rates: US Federal Reserve and Jerome Powell just killed the Santa rally

Jerome Powell gave investors a rate cut. But what sent Wall Street plunging was his message for 2025.

By: Australian Financial Review

Dec 22 2024
10
4499 Views

Interest rates: US Federal Reserve and Jerome Powell just killed the Santa rally

Jerome Powell gave investors a rate cut. But what sent Wall Street plunging was his message for 2025.

Interest rates: US Federal Reserve and Jerome Powell just killed the Santa rally

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