Where the American market falls, the Russian market falls (November 3, 2022)

Yesterday, the head of the Fed, Jerome Powell, greatly disappointed investors, without giving a definite signal as to when the US regulator will start to reduce the pace of rate hikes. He also expressed concern about the state of the US economy and inflationary processes. The market, meanwhile, was expecting Powell to be more lenient and send a clear signal that the Fed would not raise rates by 0.75 percentage points in the future.

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