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Jay Powell’s festive giveaway to investors
Fed chair has ‘out-doved’ the market and raised expectations of rate cuts
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UK investors load up on gilts and passive funds in 2023
Surge in buying of government bonds as inflation rose
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US stocks head for longest weekly winning streak in six years
Rally since late October follows strong earnings and a dovish message from the Federal Reserve
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Top Fed official says talk of March interest rate cut is ‘premature’
John Williams, an ally of US bank chair Jay Powell, says policy could still be
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The EU still has an Orbán problem
But defeat for the Hungarian premier on Ukraine’s future membership shows his ability to disrupt
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Leading tanker company warns it may divert from Red Sea trade route
Maersk Tankers seeks option to sail around Africa instead to avoid spate of attacks on
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Google and Apple’s app stores are cash machines
This week’s antitrust victory for Epic Games may disrupt two lucrative digital outlets
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Israeli control of Gaza would not ‘make sense’, says US security adviser
US and Israeli officials are offered diverging visions of the Palestinian enclave’s postwar future
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