Tag: Rate Cuts
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ASX Surges to New High as Unemployment Jump Revives Bet on Rate Cuts
ASX Reaches a Leap Forward on Jobs Data The Australian share market jumped to a fresh record, supported by a surprising twist in the jobs data that revived expectations for further Reserve Bank of Australia (RBA) rate cuts. The S&P/ASX 200 surged through intraday trading and closed at a new peak, underscoring how a weaker…
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Powell signals rate cuts as US jobs market cools
Powell signals potential for another rate cut as job market cools The US labor market is showing renewed signs of strain, and Federal Reserve Chair Jerome Powell signaled that the central bank could be ready to support another quarter-point cut to borrowing costs later this month. Speaking in Philadelphia, Powell noted that “the downside risks…
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Powell Signals More Rate Cuts as US Job Market Cools
Overview: Powell Ignores a Cooling Jobs Market as It Pushes for Policy Easing Federal Reserve Chair Jerome Powell signalled a readiness to consider another quarter-point cut to U.S. borrowing costs as the labor market shows fresh signs of cooling. Speaking in Philadelphia, Powell warned that downside risks to employment have risen, a clear indication that…
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Markets Rally on Global Cues as Fed Splits on Rates and Australia Signals Smiles from Industry Aid
Markets edge higher on mixed signals from the US and a domestic policy boost The Australian stock market is set to open higher as Wall Street logged fresh records and investors weighed the latest from the US Federal Reserve. Markets live updates show a cautious but hopeful mood, with the ASX poised to rise on…
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US Stocks Hit Records as Dow and S&P Rally; Nasdaq Dips
US stocks close at records as Dow and S&P climb, Nasdaq retreats U.S. equity markets ended the session higher, with the Dow Jones Industrial Average and the S&P 500 closing at fresh records, while the Nasdaq Composite pulled back on weakness in major technology names. The trading day unfolded as the government shutdown entered its…
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Crazy Week on the Tel Aviv Stock Exchange: A Three-Day Surge to New Highs
Three-Day Rally: Tel Aviv Stock Exchange Goes into Overdrive The Tel Aviv Stock Exchange (TASE) delivered a remarkable three‑day surge this week, propelled by optimism over the end of the Gaza war following signals tied to a high‑profile plan in the United States. After a modest dip on Monday, gains returned with vigor on Sunday…
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What to Expect from Wednesday’s Fed Meeting
Introduction to the Fed Meeting On Wednesday, the Federal Reserve’s highly anticipated monetary policy meeting promises to be extraordinary. With speculation swirling around interest rate cuts, this meeting stands to impact financial markets and the economy significantly. Upcoming Rate Cuts: A Foregone Conclusion Market analysts predict a near-certain reduction in the benchmark interest rate during…