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Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
BENGALURU] Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data ...
July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
The price of Ethereum rose 1.93 per cent from the previous day’s close to $4,745.73 apiece at 10:50 am IST on Thursday, ...
Asian stocks slipped on Friday after stronger-than-expected U.S. producer price data dampened prospects for a big Federal Reserve interest rate cut next month, lifting the dollar and pressuring ...
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Traders ramped up Fed rate cut bets on Thursday, pinning the dollar near multi-week lows, while a global stock rally paused ...
Stocks in Asia made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
The Jefferies strategist told CNBC that central bankers shouldn't be daunted by the PPI showing inflation pressures hotter than expected.
US Treasury Secretary Scott Bessent said in an interview on Wednesday that short-term Fed interest rates should be 1.5-1.75% ...