Dollar gains after Fed pushes back on big rate cut bets

LONDON (Reuters) – The dollar rose on Wednesday as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank’s independence from U.S. President Donald Trump, who is pushing for rate cuts. St. Louis Fed President James Bullard, considered one of the most dovish U.S. central bankers, surprised […]

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Dollar inches higher after Fed checks aggressive easing views

TOKYO (Reuters) – The dollar edged up from a three-month low on Wednesday, as investors dialled back expectations for aggressive U.S. rate cuts but underlying conviction the Federal Reserve will need to ease policy soon capped greenback gains. Fed Chairman Jerome Powell on Tuesday stressed the central bank’s independence from U.S. President Donald Trump, who is pushing for significant rate […]

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Factbox: U.S-India trade, e-commerce disputes likely to top Pompeo's New Delhi agenda

NEW DELHI (Reuters) – U.S. Secretary of State Mike Pompeo will visit India from Tuesday for talks with government leaders over a growing list of trade and investment issues that has cast a shadow over ties between the two big democracies. Pompeo is expected to lay the ground for a meeting between U.S. President Donald Trump and Indian Prime Minister […]

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Global Hiring Intentions Remain Mixed In Q3

Hiring intentions of employers across the globe revealed mixed trends with less than half of the economies hoping to see stronger employment growth in the third quarter, the results of the ManpowerGroup Employment Outlook survey showed Tuesday. Employers in only 18 out of 44 countries surveyed by Manpower were more optimistic about hiring prospects in the third quarter versus the […]

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