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Dow Jones: Hidden Economic Boom Won’t Stop Fed Rate Cut

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By CCN Markets: The Dow Jones bounced back into recovery mode on Thursday, regaining its momentum from an initial breakout above 26,000 last Friday. Heading into the afternoon session, the Dow had gained 53.54 points or 0.21 percent to trade at 26,058.37, and analysts say that there are ample reasons for it to continue to grind higher. Fed Will Cut Interest Rates Even Though Economy is Booming According to The Wall Street Journal, a growing number of economists expect the Federal Reserve to lower the benchmark interest rate as geopolitical risks intensify as a result of the trade war between

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* First published on ccn.com

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