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JSE set to suffer from hawkish US FedUS Federal Reserve chair Jerome Powell says the bank intends to continue raising interest rates in 2019, causing Wall Street and Asia to fall I watched his speech. He said that there was a noticeable “softening”of the economy and it was likely that the original projection of three interest rate hikes in 2019 has been reduced to two. That is very different from your report. He was not nearly as hawkish as you allude.
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