CNBC Stocks ripped higher on Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close to neutral, a change in tone from remarks the central bank chief made nearly two months go. The Dow Jones Industrial Average climbed 450 … Fed Chairman Powell Sees Interest Rates ‘Just Below’ Neutral; Dow Jones JumpsInvestor’s Business Daily Dow spikes by 450 points as Fed head speaks on interest ratesNBCNews.com Dow surges 400 points as Fed Chairman Powell strikes dovish toneMarketWatch |
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