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Thursday, August 26, 2021

Stocks hold near records as Fed's Jackson Hole Symposium kicks off


Stocks hold near records as Fed's Jackson Hole Symposium kicks off



U.S. stock indexes were mixed Thursday morning as the Federal Reserve kicked off a two-day event that could lay the foundation for tapering and rate hikes.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf