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Fed policy moves drive stock market shifts
The article explains how Fed monetary policy and weekly money supply figures influence stock prices. It notes traders watch the Fed open market actions and Thursday reports, with past moves causing shifts in the Dow and interest rates. Analysts urge focus on long term policy trends rather than weekly fluctuations.
MENTIONED IN THIS ARTICLE
Fed
John C. Sutherland
Irving Trust Co
New York
Open Market Committee
New York Federal Reserve Bank
Larry Wachtel
Bache Halsey
Central Bankowever
Wachtel