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Bond investors on tenterhooks ahead of Fed policy meeting

Bond prices and equities fell as investors prepared for another large interest rate increase from the Fed to restrain inflation.

Federal Reserve s Jerome Powell sinks stocks, raising heat on inflation

The S&P/ASX 200 will fall almost 1.5 per cent after Jerome Powell declared the Fed won’t back down on inflation: “We will keep at it until we are confident the job is done.”

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