Tag: interest rates
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Mexican Peso Surges as U.S. Dollar Softens on Fed Rate Cut Bets
Market Summary: Peso Strength Follows a Weaker U.S. Dollar The Mexican peso advanced against the U.S. dollar on Tuesday, with traders citing renewed confidence that the Federal Reserve could begin cutting interest rates in December. The peso’s rally came as the dollar softened more broadly, helping to lift risk appetite in Latin American currencies and…
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ASX set for strong start ahead of inflation report
ASX set for a strong start as inflation report looms The Australian shares are poised to rise at the open on Tuesday, with traders closely watching the release of the latest inflation data. Markets have been lifted by a rally on Wall Street, where the S&P 500 and other major indices posted gains for a…
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RBA Says Job Market Is Too Tight to Keep Inflation at Target
Australia’s Job Market Remains Too Tight to Bring Inflation to Target Australia’s labor market is showing limited signs of cooling, with the Reserve Bank of Australia (RBA) flagging that a persistently tight jobs market will complicate its effort to bring inflation back to the central bank’s 2-3% target. In a briefing on Thursday, RBA Assistant…
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Trump Says He’d ‘Love to Fire’ Powell, Renewing Attacks on Fed Chair
Trump Intensifies Criticism of the Federal Reserve In a new volley of remarks on the economy, former President Donald Trump reiterated his stance against Federal Reserve Chair Jerome Powell, saying he would “love to fire” Powell and calling for changes in how the central bank manages interest rates. The comments, made amid broader talk about…
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Divisions at the Fed: Powell’s Legacy Teeters as October Minutes Signal Tough Road Ahead
Introduction: A Fed at a crossroads The latest minutes from the U.S. Federal Reserve Board’s October meeting reveal a central bank in flux. As Jerome Powell approaches the tail end of his second term, the board appears more divided, suggesting a potential policy shift or debate that could unsettle markets and challenge the consensus-driven approach…
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Trump Says He’d ‘Love to Fire’ Powell, Rekindling Attacks on the Fed Chair
Trump renews his confrontation with Fed Chair Jerome Powell In a moment that drew sharp attention from political observers and financial markets alike, former President Donald Trump openly stated that he would “love to fire” Federal Reserve Chair Jerome Powell. The remarks, delivered amid a broader critique of the central bank’s leadership, signal a continued…
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Donald Trump, the Fed, and the Fallout: Minutes Hint at a Blurred Policy Path
Introduction: A Divided Fed on the Edge The minutes from the US Federal Reserve Board’s October meeting lay out a portrait of a central bank at a crossroads. As Jerome Powell approaches the end of his consensus-driven eight-year term, the document highlights a shift from a unified front to a more fractured horizon. The sense…
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Trump Again Attacks Fed Chair Powell, Says He’d ‘Love to Fire’ Him and Pressures Treasury Ahead of Rate Decisions
Trump renews confrontation with the Federal Reserve President Donald Trump escalated his public criticism of Federal Reserve Chair Jerome Powell on Wednesday, renewing a provocative line he has used for months: that he would love to fire Powell. Speaking in rapid-fire remarks, Trump argued that Powell’s monetary policy has hindered economic growth and hurt consumer…
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Canadian Home Sales Rise as Rate Cuts Draw More Buyers
Canada’s Housing Market Gets a Lift as Rates Drop Canadian home sales have shown resilience, climbing for six of the past seven months as declines in borrowing costs entice buyers off the sidelines. In October, national activity rose 0.9% from September, signaling a cautious recovery in a market that has been sensitive to interest-rate movements…
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Why the 16-Year Bull Market Faces a Challenging Decade Ahead for Investors
The 16-Year Bull Market: A Rare Run by Any Measure Few investors alive today have witnessed a bull market stretch this long. A 16-year run implies a maturity that stretches beyond the typical stock-market cycle, testing assumptions about growth, interest rates, and valuation. While headlines will celebrate new highs, seasoned observers caution that duration itself…