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After one of the most anticipated FOMC meetings in recent times, equity markets are sinking across the globe with Asian stocks falling the most in a week. The S&P 500 and Nasdaq 100 futures indicate losses of more than 1% at the open, while the US dollar continues to strengthen against its major peers.Investors were not satisfied with the Fed’s new forward guidance, although Jerome Powell delivered exactly what he had promised. Interest rates will stay near zero for at least three years and may even remain low beyond 2023. More precisely, the Fed said interest rates would not rise... Read More
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