Economy and TradingEnergy Policy

Fed Sparks Market Rally: Powell’s Dovish Signals Fuel Rate Cut Optimism and Stock Recovery

Federal Reserve Chair Jerome Powell triggered a massive market turnaround Tuesday, with the Dow swinging 1,000 points from session lows. His comments about labor market softness were interpreted as strong signals for upcoming rate cuts, reversing what appeared to be a prolonged sell-off.

Dramatic Market Reversal Following Powell’s Comments