Major grain traders face one-two punch from U.S. floods, trade war
July 10, 2019Wall St. hits record on Powell’s comments; S&P 500 crosses 3,000
July 10, 2019Fed’s Powell bolsters rate cut view on trade, global growth concerns
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Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to ‘act as appropriate’ to defend an economic expansion threatened by trade disputes and a global slowdown.
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