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Niket Nishant

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Bangalore, India
As seen in: Reuters, MSN, MSN Australia, MSN Canada, MSN Ireland, MSN Malaysia, MSN Money Canada, MSN Singapore, MSN UK, MSN Venezuela, UOL and
Senior Correspondent, Markets @Reuters Email: Niket.Nishant@thomsonreuters.com Views are own, RTs ≠ endorsements

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Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight

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By Saeed Azhar Verified, Purvi Agarwal Verified, Niket Nishant Verified
| Lufkin Daily News Verified
By Saeed Azhar, Purvi Agarwal and Niket Nishant By Saeed Azhar, Purvi Agarwal and Niket Nishant NEW YORK, Aug 28 (Reuters) - Wall Street's main indexes ended lower on Friday, with investors turning cautious after Federal Reserve Chair Kevin Warsh reiterated the central bank's focus on fighting inflation, increasing prospects for a rate hike.
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Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight

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By Saeed Azhar Verified, Niket Nishant Verified
| MSN Verified
By Saeed Azhar, Purvi Agarwal and Niket Nishant NEW YORK, Aug 28 (Reuters) - Wall Street's main indexes ended lower on Friday, with investors turning cautious after Federal Reserve Chair Kevin Warsh reiterated the central bank's focus on fighting inflation, increasing prospects for a rate hike. Without confidence that inflation is heading clearly and with sufficient speed to the Fed's 2% goal, the central bank would have "more work to do," Warsh said in his first Jackson Hole speech.
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Wall St muted after Fed Chair Warsh's speech; AI rally cools

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By Niket Nishant Verified
| MSN Verified
By Purvi Agarwal and Niket Nishant Aug 28 (Reuters) - Wall Street's main indexes were muted on Friday after Federal Reserve Chair Kevin Warsh reiterated his focus on bringing inflation back to the central bank's 2% target, while an AI-fueled rally from the previous session fizzled out. Warsh's speech, his first at the Fed's annual gathering in Wyoming, rounds out a busy week packed with results from corporate heavyweights such as Nvidia and Salesforce, alongside a batch of fresh economic data.
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