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Posted 07/05/2024

Goldman Sachs Maintains Forecast for 2 Rate Cuts after Soft US Job Reports

Goldman Sachs wrote in a note stating that the firm continues to expect two...

Posted 02/05/2024

Fed Chair Powell Rules Out a Hike after Maintaining Rates at 5.5%

Federal Reserve Chair Jerome Powell has indicated that the central bank's upcoming move is...

Posted 29/04/2024

Japanese Authorities Allegedly Intervene in Currency Market amid Yen Volatility

Questions were raised on a sharp strengthening of Japanese yen in late morning to...

Posted 29/04/2024

Japanese Yen Weakens to 160 Against Dollar, Lowest Level since April 1990

In Monday morning trading in Asia, the Japanese yen has depreciated to 160 against...

Posted 26/04/2024

Slow Economic Growth and Rising Inflation Raise Some Concern for the Fed

The emerging scenario of slowing growth and persistent inflation in the U.S. economy is...

Posted 17/04/2024

Powell Stresses Continued Concerns Over Inflation and Unlikelihood of Near-Term Rate Cuts

Federal Reserve Chair Jerome Powell emphasized on Tuesday that despite the overall strength of...

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