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Slowing Fed Soothes Markets But Jobs Data Mutes Gains

Saturday, February 4, 2023

Central banks eased monetary policy but fell short of pausing increases, Facebook parent Meta had one of its best trading days on an earnings beat, a 413 page short sellers report led to a $100 billion dollar loss for an Indian conglomerate and strong jobs data reignited fears of continuing rate hikes by the Fed. Let's take a closer look at what happened in markets this week.

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