By Anna Szymanski

LONDON, December 12 (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend.

From the Editor

Hello Morning Bid readers!

Federal Reserve Chair Jay Powell buoyed markets by executing that most rare of monetary policy moves: the dovish ‘hawkish cut’. But the spectre of AI anxiety threatens to hold off a “Santa Claus” rally.

The Fed hogged most of the spotlight this week, delivering a widely expected 25 basis point rate cut. But Chair Powell also announced a Treasury bill buying program, starting at $40 billion ‍per month, a “surprise” that ROI markets columnist Jamie McGeever suggested might be coming.

The Chair also touted U.S. productivity growth, hinting that it could be the trick to squaring the circle of solid g

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