#black_tuesday
black_tuesday
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Events that happened on this day:
August 18, 1929 (raising the rate and a market shock): The U.S. Federal Reserve raised the interest rate—an historic decision that financial historians consider one of the main triggers that slowed the economy, paving the way for the major stock market crash (Black Tuesday) in October 1929 and the emergence of the Great Depression.
#FederalReserve #stock #WallStreetNews
#Black_Tuesday
August 18, 1929 (raising the rate and a market shock): The U.S. Federal Reserve raised the interest rate—an historic decision that financial historians consider one of the main triggers that slowed the economy, paving the way for the major stock market crash (Black Tuesday) in October 1929 and the emergence of the Great Depression.
#FederalReserve #stock #WallStreetNews
#Black_Tuesday
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