Investors took a dovish cue from Fed Chair Jerome Powell's remarks on Wednesday that"the disinflationary process has started" in the world's largest economy, although he also signalled that interest rates would continue rising and that cuts were not in the offing.
" said that rates are going to have to be restrictive for some time, but that doesn't dissuade the market from saying some time might be six months, rather than two years." The kiwi similarly hit a fresh eight-month peak of $0.65365, after jumping more than 1% on Wednesday.With the Fed out of the way, the stage is set for the European Central Bank and the Bank of England to announce their interest rate decisions later on Thursday. Expectations are for a 50 bp rise from each.
_Business Let's se what the noise maker will do in SA
_Business I'm glad I tried this ledy out. I have wasted too much on other platforms without gaining my profit but finally I came across this platform. I invested R1000 on her platform and within 24 hours I got R10,500 sent to my bank account Send her a DM and get started KathyDNaquin
_Business I see a storm brewing and it is not looking good for the Dollar.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »