Stocks surge as Powell hints at slower interest rate hikes | Advertiser-Tribune NEW YORK (AP) — U.S. stocks rocketed to their biggest gain in eight months Wednesday after Federal Reserve Chairman Jerome Powell hinted that the Fed might not raise interest rates much further. The Dow Jones Industrial Average surged 617 points. In a speech to the Economic Club of New York, Powell said that rates are […]

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Stocks surge as Powell hints at slower interest rate hikes

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