US Dollar Weakens as Fed Paints Two Scenarios for Interest Rate Cuts
===============
#5e7ae954 ver:0.3
The US dollar weakened due to multiple factors, including intervention by the Bank of Japan and a less hawkish stance from the Federal Reserve. Weaker-than-expected US jobs data also contributed to the decline. Fed Chair Jerome Powell outlined two scenarios for interest rate cuts, with market pricing currently in between. The Reserve Bank of Australia is expected to reflect inflation changes in their policy statement. The Bank of Japan's indecision has caused weakness in the Yen. #USDollar #FederalReserve #interestrates #inflation...
#newstr #UsDollar #InterestRates #FederalReserve #BankOfJapan #Inflation #Employment #ReserveBankOfAustralia #MonetaryPolicy
https://here.news/story/5e7ae954?ver=0.3
The Impact of a Global Manufacturing Recovery on Interest Rate Cuts /
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2024-05-05 20:53:45
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npub12eqg0wsc704c3c3rjal9h54fgwmw6qs0nu59hjna8n0wcvhw5cnsrpc2wuPublished at
2024-05-05 20:53:45Event JSON
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"content": "US Dollar Weakens as Fed Paints Two Scenarios for Interest Rate Cuts\n===============\t\n#5e7ae954 ver:0.3\n\nThe US dollar weakened due to multiple factors, including intervention by the Bank of Japan and a less hawkish stance from the Federal Reserve. Weaker-than-expected US jobs data also contributed to the decline. Fed Chair Jerome Powell outlined two scenarios for interest rate cuts, with market pricing currently in between. The Reserve Bank of Australia is expected to reflect inflation changes in their policy statement. The Bank of Japan's indecision has caused weakness in the Yen. #USDollar #FederalReserve #interestrates #inflation...\n\n#newstr #UsDollar #InterestRates #FederalReserve #BankOfJapan #Inflation #Employment #ReserveBankOfAustralia #MonetaryPolicy \n\n https://here.news/story/5e7ae954?ver=0.3",
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