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Fed pivot bolsters world stocks
Gulf Today
|August 26, 2025
Expectations of a resumption soon in US interest rate cuts bolstered world stocks on Monday, with shares in Asia rising to multiyear highs.
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However, European shares retreated as some of the enthusiasm following US Federal Reserve chief Jerome Powell's Jackson Hole speech faded and investors refocused on the broader economic picture.
London markets were closed for a holiday, thinning overall trading volumes in Europe.
このストーリーは、Gulf Today の August 26, 2025 版からのものです。
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