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Why are stocks dropping? Hint: It involves Jerome Powell... Economy
score: +1
score: -1
score: 2, Economy, 2020-09-17 15:05:47, published by CNN
The Federal Reserve has pledged to keep interest rates near rock bottom for a long time to come. But a hazy outlook for an economy deeply scarred by the pandemic is still worrying investors, pushing US stock futures down sharply on Thursday. ... [additional details]