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Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
Global markets showed strength after Jerome Powell hinted at possible rate cuts. Gift Nifty futures in India suggested a recovery. However, Indian cash markets showed caution. US markets rallied, ...
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The National on MSNManus on markets: What Fed chair’s speech means for equities and bonds
Fed chair Jerome Powell on Friday signalled US interest rate cuts could come as soon as next month, suggesting a shift in policy may be needed to support the economy as evidence grows of a weakening ...
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