Markets are looking for signals from Federal Reserve chair Jerome Powell during this week’s Jackson Hole symposium, global stock markets have lost about $3tn in value this month and there has been a mixed reaction to China’s approach to monetary policy.
Mentioned in this podcast:
Central bankers to make ‘higher-for-longer’ rate pitch at Jackson Hole
Global stocks head for worst month in nearly a year
China’s rate caution shines light on $56tn banking system
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Source: Economy - ft.com
