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Wall Street Week: Powell gives US stocks a big lift, investors cuddle up to Build-A-Bear

The big turning point for US stocks over the past week came with the comments of US Federal Reserve chair Jerome Powell on 30 November.Although he warned the fight against inflation was not over and rates would remain higher for longer, he also signalled the pace of rate hikes would slow at its upcoming meeting on 14 December. This stoked gains for US stocks.Wall Street largely consolidated those
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