Jefferies’ Darby on Fed, Markets, China Crackdown

August 29 — Sean Darby, chief global equity strategist at Jefferies, discusses Federal Reserve policies and their implications for financial markets. Speaking at the Fed’s annual Jackson Hole policy forum, Chairman Jerome Powell said the US central bank could start slowing asset purchases this year as the US economy recovers from the pandemic, but it won’t be in a rush to bring it to a close. to raise interest rates. Darby also talks about China’s regulatory crackdown and the economy on Bloomberg Markets: Asia.