Diane Bondareff/AP Stocks rose on Tuesday as traders waited for signs from the Federal Reserve that it will cut interest rates. While the Federal Open Market Committee isn’t expected to announce an immediate cut, it could signal its intention to lower rates later this year. A sharp decline in the Empire State Manufacturing Survey raised […]
Traders waiting for the Fed’s ‘moment of truth’ are sending global stocks higher
Diane Bondareff/AP Stocks rose on Tuesday as traders waited for signs from the Federal Reserve that it will cut interest rates. While the Federal Open Market Committee isn’t expected to announce an immediate cut, it could signal its intention to lower rates later this year. A sharp decline in the Empire State Manufacturing Survey raised […]