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US Federal Reserve chair expected to signal support for rate cuts
US FEDERAL Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates...
Oil prices settle US$1 up on hopes of a Fed rate cut next month
OIL prices settled up more than 1 per cent on Thursday, as expectations for a US interest rate cut in a few weeks fueled a rebound after four days of...
Europe: Stocks rise on rate cut hopes, healthcare sector hits record high
EUROPE’S main stock index climbed on Thursday, with healthcare and retail stocks leading the charge, while investors cheered growing prospects of interest rate cuts by major central banks and sifted through...
US: Wall St opens higher as prospects of September rate cut grow
Wall Street’s main indexes opened higher on Thursday (Aug 22), as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month, while...
Bank of Korea signals rate cuts as inflation, growth slow
SOUTH Korea’s central bank kept interest rates unchanged on Thursday but signalled it was ready to start easing policy as price pressures and growth eased, raising expectations for a...
Federal Reserve steaming towards September rate cut, minutes from meeting show
THE US Federal Reserve appears to be very much on track for an interest rate cut in September after a “vast majority” of officials said such an action was...
US dollar hits 7-month low before Powell, Swedish krona volatile after rate cut
THE US dollar hit a fresh seven-month low on Tuesday (Aug 20) with traders bracing for comments from Federal Reserve chair Jerome Powell due on Friday, which could provide...
Gold holds near record high on US rate cut optimism
GOLD prices held steady on Monday (Aug 19) near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted...
