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November 29, 2018
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Fed Chairman Powell delivered a speech in New York at 1:00 am today, when he discussed the interest rate policy. He said the US interest rate was "just below" the neutral level, which made the market more likely to be part of the Fed. Next year, we will begin to consider suspending interest rate hikes. The news boosted the rise in US stocks: the Dow had at most 620 points and the market closed at the highest level of the day. The US dollar is expected to be frustrated, driving up oil prices and boosting oil prices. ;gold.
Powell in October …
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