Wall Street Sinks on Powell Rate-Cut Caution, Trump Cabinet Picks
Wall Street's main indexes closed lower Friday after Federal Reserve Chair Jerome Powell pointed to a slower pace of interest-rate cuts and investors reacted to cabinet selections by U.S. President-elect Donald Trump.
Wall Street's main indexes closed lower Friday after Federal Reserve Chair Jerome Powell pointed to a slower pace of interest-rate cuts and investors reacted to cabinet selections by U.S. President-elect Donald Trump.
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