Powell follows the script

Powell follows the script, and analysts expect the Indian markets to consolidate.

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Analysts concur that Jerome Powell’s address at the Jackson Hole symposium followed expectations and that the US Federal Reserve (US Fed) could raise rates by another 25 basis points (bps) in the future. Powell stated that the US central bank is “It (the speech) didn’t say anything revolutionary, and the overall tone was consistent with … Read more

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