Elevated Fed cut expectations boost stocks, sterling choppy on budget surprise
By Chuck Mikolajczak Global stocks climbed for a fourth straight day on Wednesday as expectations for a Federal Reserve rate cut remained intact, while sterling was buffeted by Britain's fiscal watchdog inadvertently publishing new forecasts before a UK budget release.On Wall Street, U.S. stocks…
By Chuck Mikolajczak Global stocks climbed for a fourth straight day on Wednesday as expectations for a Federal Reserve rate cut remained intact, while sterling was buffeted by Britain's fiscal watchdog inadvertently publishing new forecasts before a UK budget release.On Wall Street, U.S. stocks…
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