To the Point
Stocks Rebound on Fed's Coordinated Plan with Central Banks
Yesterday, the Federal Reserve cut interest rates and the stock market went down. Today, the Fed announced a deal with four other central banks, and the markets went up—at least at the opening. Greg Ip is economics reporter for the Wall Street Journal .
Yesterday, the Federal Reserve cut interest rates and the stock market went down. Today, the Fed announced a deal with four other central banks, and the markets went up—at least at the opening. Greg Ip is economics reporter for the Wall Street Journal.
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