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Evening Standard
Evening Standard
Jeremy Cutler

Stocks up as Powell leaves door ajar for rate cut

Federal Reserve chairman Jerome Powell (Manuel Balce Ceneta/AP) - (AP)

The FTSE 100 posted another record closing peak on Friday as Jerome Powell said shifting economic risks may justify an interest rate cut in the US.

The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40. It earlier traded as high as 9,357.51.

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