Category: Nosedive

The Dow Took a Nosedive Because the Fed Just Stood up to Trump
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The Dow Took a Nosedive Because the Fed Just Stood up to Trump

The Dow Jones plunged on Wednesday to record its second straight big loss. Federal Reserve Chair Jerome Powell sparked the sell-off with gloomy remarks on the economic outlook. The Fed continues to defy President Trump’s plea for negative interest rates. The Dow Jones suffered another dramatic drop on Wednesday, sliding around 600 points as Wall…

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