On Thursday, Fed Chair Powell signaled the Fed was in no hurry to cut interest rates. Also, Boston Fed President Collins shared that view when she said today that a December interest rate cut by the ...
and high rates continuing to weigh on housing demand and prices should leave Fed officials comfortable that the path of inflation is slowing,” wrote Citi’s Veronica Clark and Andrew Hollenhorst. In ...
Emerging Asian currencies weakened against the dollar, with the Thai baht and Indonesian rupiah leading declines ... The next major item on the agenda looks to be US inflation figures due Wednesday.