Traders work on the floor at the New York Stock Exchange in New York, U.S., October 2, 2019. REUTERS/Brendan McDermid
NEW YORK - Wall Street climbed on Thursday after data showing services-sector activity at a three-year low fueled expectations the Federal Reserve would cut interest rates in an effort to thwart a wider economic downturn.
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The fed's policy decisions should take into account all sorts of risks, not least the political ones of the trump gang. Vice President mike pence seems happy to see the fed cut interest rates.