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Monthly Archives: December 2022
Jerome Powell’s dovish remarks boosted stock markets
Written on December 1, 2022 at 2:00 am, by anakin
US stocks rallied sharply on Wednesday, witnessing fresh buying and extending the daily rally as Jerome Powell signalled a slowdown in the pace of tightening as early as December while indicating more hikes to fight inflation. The dovish comments from Federal Reserve (Fed) Chairman Jerome Powell provided strong support to the equity markets, as heContinue Reading
