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Jefferies’ Darby on Fed, Markets, China Crackdown
Aug.29 — Sean Darby, chief global equity strategist at Jefferies, discusses Federal Reserve policy and its implications for financial markets. Speaking at the Fed’s annual Jackson Hole policy forum, Chair Jerome Powell said the U.S. central bank could begin slowing down asset purchases this year as the U.S. economy recovers from the pandemic, but it won’t be in a hurry to raise interest rates. Darby also talks about the regulatory crackdown in China and the economy on “Bloomberg Markets: Asia.”