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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-06-06 22:02:24

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Will the Fed Follow the ECB in Making Interest Rate Cuts? =============== #0265b35c ...

Will the Fed Follow the ECB in Making Interest Rate Cuts?
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#0265b35c ver:1.81

Investors anticipate interest rate cuts by the European Central Bank (ECB) and the Federal Reserve (Fed). The ECB is expected to cut rates by 25 basis points, following the Bank of Canada's rate cut. The Fed may cut rates in September due to a cooling US economy. Global stocks rise, with the FTSE 100 expected to increase by 0.3%. The euro strengthens despite rate cut expectations. The dollar is steadier but may see a second week of losses. The Fed's decision will be based on the state of the US economy, which is currently stronger than the European economy. No rate cut is expected at the Fed's upcoming meeting on June 12. #ECB #Fed #interestrates #economy...

#newstr #Ecb #Fed #InterestRates #UsEconomy

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