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From New York to Frankfurt via London: the stock markets no longer fear inflation


Investments & Markets


Van Campenhout Patrick

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Federal Reserve boss Jerome Powell confirms he doesn’t care about inflation.

The rebound in prices linked to the revival of industrial activity is considered temporary by the monetary authorities on both sides of the Atlantic. Jerome Powell, the head of the American Federal Reserve (Fed) who spoke Tuesday to American parliamentarians, insisted on this fact and rejected the thesis of an anticipated tightening of the monetary policy of the issuing body. Same tone with our British neighbors since the Bank of England kept its benchmark rates to the floor this week, causing the pound to fall again while the forex traders had counted on a first turn of the screw.

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