Equities rise on Fed talk as investors price in rate cut

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Equities rise on Fed talk as investors price in rate cut

Sam Kerr
June 05, 2019 10:45 AM
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(190501) -- WASHINGTON, May 1, 2019 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell speaks during a press conference in Washington D.C., the United States, on May 1, 2019. The U.S. Federal Reserve on Wednesday left interest rates unchanged despite pressure from President Donald Trump to lower rates and boost economic growth. (Xinhua/Ting Shen) | unreguser/Xinhua News Agency/PA Images

Equity investors are priming themselves for the US Federal Reserve to cut the Federal Funds Rate after dovish comments from the Fed’s chairman, Jerome Powell.

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