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المشهد العربي
Bank of America: Warrish's Speech Impacts Markets
Bank of America's analysts expect Fed Chairman "Kevin Warsh's" upcoming speech at the Jackson Hole Forum to potentially reshape the financial markets' trajectory by flattening the yield curve and stimulating demand for high-risk assets, while supporting the national currency. Experts emphasize that the success of this scenario depends on Warsh's confirmation of a hawkish stance to combat inflation, coupled with support for Treasury Department steps to control long-term borrowing costs. They also note that any setbacks could push bond yields above pre-recent Treasury measures levels.
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