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Posted on: June 20, 2019, 10:31 a.m.
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy. : Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The billionaire investor believes the stock market is in a "zone of fair value" at current levels. The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists. However, Slack chief ... Full investment news articleRelevent to this post: Brookville Fund Managers Public Employee Retirement System Of Idaho,