Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...
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Maroc - THESTAR.COM.MY - Business - 26/Aug 23:00
Powell’s pivot leaves traders debating rate cut
NEW YORK: Now that US Federal Reserve (Fed) chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond traders are focusing in on bets over the size of that first reduction and the future path of easing. Read full story
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