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The Fed

  • All eyes on Powell at Jackson Hole as markets look for US rate cut clues

    Economics

    Global financial markets will be firmly focused on Jackson Hole in the Rocky Mountains later this week for hints on when the US' central bank may start lowering interest rates from a 23-year high.

    Jerome Powell, chairman of the US Federal Reserve, at last year's Jackson Hole symposium. Photographer: David Paul Morris/Bloomberg via Getty Images

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