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Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows /
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2024-07-09 14:04:53

Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar gains as Fed signals potential rate cuts amid slowing economy ...

US Dollar gains as Fed signals potential rate cuts amid slowing economy
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#39bf1ea9 ver:1.67

The US Dollar remains steady as the Federal Reserve signals potential rate cuts amid a slowing economy. Federal Reserve Chairman Jerome Powell's testimony and soft economic data have increased expectations of a rate cut in September. The US Dollar Index is stable against major currencies, while the market awaits the release of the June Consumer Price Index. Quantitative easing weakens the US Dollar, while quantitative tightening strengthens it. #USD #Fed #ratecuts #economy...

#newstr #UsDollar #FederalReserve #InterestRateCuts #Economy #Inflation

https://here.news/story/39bf1ea9?ver=1.67
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