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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Jerome Powell hawkish in Jackson Hole speech, Energy price cap jumps 80%

US Federal Reserve Ofgem United States

Stocks fell on Wall Street as US Federal Reserve chair Jerome Powell gave a hawkish address at the Jackson Hole economic policy symposium in Wyoming.

A 80% jump in Ofgem’s energy price cap today lifted the typical annual household bill to £3,549 from 1 October.

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