Tag: Rate Cuts
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Gold Surges Toward $5,400 as Fed Holds Rates and Dissenters Spark Breakout
Gold strengthens on Fed hold, with dissenters igniting a breakout Gold prices jumped toward the $5,400 level as the Federal Reserve held rates steady, aligning with expectations from most market participants. The focal point for traders was the surprising dissent from two policymakers who favored a rate cut, suggesting potential future shifts in monetary policy.…
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Rate cuts, reforms to fuel market recovery in the Philippines
Philippines Eyes Steady Recovery for Its Stock Market The local stock market is gaining momentum as analysts project a gradual climb toward the 7,000 level this year. A blend of easing monetary policy, concrete reforms in the capital markets, and a more stable macroeconomic backdrop is helping investors regain confidence after years of volatility. Market…
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Rate Cuts and Reforms Fuel PH Stock Market Recovery
PH stock market eyes a steady climb toward 7,000 The Philippine stock market is positioning itself for a gradual rebound in 2024, with rate cuts, regulatory reforms, and improving macro indicators cited by market observers as the main drivers behind the expected recovery. Analysts say the combination of easing borrowing costs, clearer market rules, and…
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Rate Cuts and Reforms to Fuel Philippines Market Recovery
Market outlook: A gradual climb toward the 7,000 level The Philippine stock market is seen charting a steady path back toward the 7,000 mark this year, driven by a confluence of favorable factors. Easing monetary policy, ongoing reforms to capital-market regulations, and a stabilizing macroeconomic environment are collectively underpinning a cautious but hopeful market recovery.…
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Gold Reaches 50th Record High of the Year as Rate-Cut Prospects Rise
Gold Hits 50th Record This Year Amid Rate-Cut Hopes Gold traded higher on renewed expectations of U.S. monetary easing and ongoing geopolitical tensions, extending a year with a string of all-time records. Prices rose as much as 1.2% to hover just below $4,500 an ounce, marking the 50th time this year that gold has touched…
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Gold Tops 50 Records This Year as Rate Outlook Looms
Gold Reaches 50th Daily Record of the Year on Rate-Cut Bets Gold advanced to a fresh peak for the year, marking the 50th daily record as investors weigh the outlook for U.S. monetary policy and escalating geopolitical tensions. The precious metal climbed as much as 1.2% to trade just below $4,500 an ounce, continuing a…
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Labour economy: Rate cuts won’t save UK growth
Introduction: rate cuts are not a magic wand The prospect of another rate cut this week, followed by a potential easing early next year, is generating breathlessness in financial markets and some optimism among policymakers. Yet the bigger question remains: will lower borrowing costs, on their own, spark a genuine revival in the economy or…
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Rate cuts alone won’t revive a damaged economy: what the UK needs beyond monetary easing
Rate cuts won’t spark a genuine economic revival As the central bank signals a likely rate cut this week, markets and households brace for lower borrowing costs. Yet even if a second cut lands early next year, many economists and voters remain unconvinced that monetary easing alone can rescue the economy or reshape political fortunes.…
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Labour trashed the economy: rate cuts won’t save it
Introduction: Why rate cuts are only a partial remedy As central banks signal a potential rate cut this week, with another possible early next year, market watchers are hoping the medicine will be strong enough to lift a flagging economy. Yet many economists and political observers warn that, for a government grappling with a fragile…
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Mexican Peso Rises as U.S. Dollar Weakens on Fed Rate Cut Bets
Mexican Peso strengthens as dollar weakens The Mexican Peso advanced on Tuesday, trading around the 18.38 per dollar level as a softer U.S. dollar boosted sentiment across Latin American currencies. Traders scaled back expectations for aggressive U.S. rate hikes and instead priced in a potential Federal Reserve rate cut later this year, providing much-needed relief…