U.S. stocks jump as Fed chair Jerome Powell opens door to interest rate cut

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U.S. stocks jump as Fed chair Jerome Powell opens door to interest rate cut

cbc.ca/news/business/wall-street-rallies-fed-powell-rate-cut-1.7615541

Wall Street is rallying on Friday after the head of the Federal Reserve indicated cuts to interest rates may be coming, though he gave no clear clue about when.

This story appeared on cbc.ca, 2025-08-22 14:36:45.