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Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates. The last time the US central bank chair spoke, he signaled that policymakers were likely to keep borrowing costs high for longer than previously anticipated, pointing to the lack ...
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Heading into a new week, the ongoing interest rate debate within the European Central Bank (ECB) is intensifying, particularly in contrast to the Federal Reserve's increasingly less dovish policy plans (read: fewer interest rate cuts than expected). Last week’s comments from ECB officials, including Italy’s central bank governor Fabio Panetta, highlight the ...
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