Powell keeps quiet, Trump speaks out
Wednesday 24th September 2025
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Not a lot of movement in the markets today, and what there has been mostly comes from what’s not being said. Jerome Powell didn’t give any commitment to a path of cuts from the Fed, instead focusing on the rising challenges of inflation and employment. It was enough to drive bond yields lower and stop the forward momentum in the US share market, particularly for tech stocks. For now. Meanwhile, Donald Trump didn’t hold back at the UN, giving his forthright views on…
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