NewsWatch: Dow up more than 400 points after Powell remarks seen leaving door open to rate cut


U.S. stocks rebound strongly Tuesday, with gains tied in part to remarks by Federal Reserve Chairman Jerome Powell seen leaving the door open to a rate cut. Traders also tie strength to a lack of further escalation of trade tensions. See full story.

Powell signals it might be time to wave goodbye to the Fed’s ‘dot plot’

The Federal Reserve’s so-called dot plot, a chart showing where officials thought interest rates would go, looks like it will not survive a review of the central bank’s communication strategy after Fed Chairman Jerome Powell scorned it on Tuesday. See full story.

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