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Hawkish Powell Is a Force Markets Haven’t Faced in Three Years

November 30, 2021 by Bloomberg News | | Share This Mark Makela / Stringer / Getty Images Bloomberg – Jerome Powell’s appetite for a faster tapering of Federal Reserve stimulus is casting him in a role financial markets haven’t seen since 2018: hawk. Stocks slid, short-term interest rates rose and measures of equity volatility surged Tuesday […]

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