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Market dancing to the tune of Fed-speak
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After days of volatility, all three key US market indexes ended the week in positive territory.
PHOTO: REUTERS
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SINGAPORE - Fed-speak is now an oft-used term for pronouncements and remarks made by numerous Federal Reserve governors, usually in between the United States central bank’s rate-setting meetings.
These utterances are closely watched and often have a bearing on market sentiment. And there has been a lot of Fed-speak over the past weeks.
