Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
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Dow Jones falls 200 points, while S&P 500, Nasdaq drag post Powell remarks
The so-called Trump Trades also continued to lose steam with Tesla shares dropping another 6%, while the smallcap index ...