New Delhi, Sept. 21 -- The week ahead on Wall Street is set to be busy, with several key economic reports and numerous speeches from officials at the US Federal Reserve, including Chairman Jerome Powell and Vice Chair for Supervision Michelle Bowman.
Following last week's interest rate cut, market participants will be keeping a close eye on the Fed speakers' comments and the incoming economic data, as the US central bank had indicated that more rate reductions could follow later in the year.
On Wednesday, the Federal Reserve reduced interest rates by 25 basis points. The central bank explained its decision as a reaction to a weaker labour market, adding that future policy would be contingent on how the economy develops.
Amongst the key...
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