2024-09-11 | Current Affairs
The U.S. dollar declined against several major currencies on Tuesday as markets prepared for key inflation data and a much-anticipated U.S. presidential debate. Despite these events, analysts believe neither outcome is likely to significantly alter the current direction of monetary policy.
2024-08-26 | Current Affairs
Investors poured USD 37 billion into money market funds (MMFs) in the week leading up to Wednesday, as they anticipated the U.S. Federal Reserve’s expected interest rate cut in September, according to Bank of America on Friday.
2024-08-20 | Current Affairs
The European Central Bank (ECB) may need to consider another rate cut in September due to ongoing economic weakness, according to Finnish central bank chief Olli Rehn.
2024-06-13 | Market Dive
Central banks around the world have begun to cut interest rates, with the market now focusing on the U.S. Federal Reserve’s impending rate decision.
