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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
npub16ht…s0he
2024-05-16 02:04:35

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Slower US Inflation Boosts Expectations of Rate Cut, Weakening Dollar =============== ...

Slower US Inflation Boosts Expectations of Rate Cut, Weakening Dollar
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#0265b35c ver:0.71

The US dollar weakens as slower inflation boosts expectations of a rate cut by the Federal Reserve, potentially weakening the dollar further. The focus is on upcoming US inflation data and the Fed's monetary policy, which could drive the strength of the dollar. Lower interest rates may stimulate borrowing and investment but could also impact the stock market. The release of the Consumer Price Index (CPI) on Wednesday is crucial for the Fed's decision-making process. #USD #inflation #Fed #interestrates...

#newstr #AsianMarkets #PositiveSentiment #RateCutExpectations #UsInflationData #FederalReserve #UsDollar #InterestRateCuts #Ppi #Powell'sRemarks #EurozoneEconomy #MemeStocks

https://here.news/story/0265b35c?ver=0.71
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