Stock Volume Blew Up as Powell Explained His ‘Telegraphed’ Shift
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Stock Volume Blew Up as Powell Explained His ‘Telegraphed’ Shift

(Bloomberg) -- The rate cut itself may have been telegraphed, but Jerome Powell’s press conference Wednesday clearly came as a shock to stock traders.
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