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GLOBAL EQUITY FUNDS DRAW FORTH WEEKLY INFLOW ON HOPES OF FED RATE CUT

  • NEWS Desk Global
  • Oct 17
  • 1 min read

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Global equity funds attracted inflows for a fourth straight week through October 15, as dovish comments from U.S. Federal Reserve Chair Jerome Powell reinforced expectations that the central bank will cut interest rates at its meeting later this month.

Investor appetite, however, remained cautious amid renewed U.S.-China trade tensions after President Donald Trump indicated he may scale back certain trade ties with Beijing.

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