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Stock prices increase, as US banks give low interest rates
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Stock prices increase, as US banks give low interest rates
The stocks rose on Thursday as US reserve bosses say no increase in interest rates. Various investors have chosen to buy some shares believing it will continue to rise for a while. Global stocks rise due to US low interest percentage Global stock prices soared on Thursday noon when the US Federal Reserve boss Jerome Powell said that America's interest rate will stay reduced for a while. This brought calm among markets as many fears that high inflation would make the central bank increase interest rates. Powell's message assuages investors who were hoping for a quick recovery from the world's biggest economy. Many investors hope that consumer prices will increase and boost assets like stocks which will make American bonds a positive ratio. Jerome Powell had insisted that America will...
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