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Dollar drops to lowest since 2021 against euro, sterling
The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad selloff as traders priced in ...
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Why the Fed and ECB are no longer on the same page
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
European Shares Edge Higher as Ceasefire Holds, Fed Independence in Focus
(Reuters) -European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, ...
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Despite Trump's pressure, Fed likely to keep key rate unchanged again - USA TODAY
That leaves its key rate at 2%, more than 2 percentage points below the Fed’s 4.25% to 4.5% and among the largest gaps between the regions in recent memory.
Powell says Fed can wait to reduce interest rates as Trump demands cuts
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...
Dollar slips on Fed credibility concerns, euro close to 4-year high
The dollar slipped to multi-year lows against the euro and Swiss franc on Thursday as concerns about the future independence ...
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Fed holds rates steady, eyes Trump tariff risks and inflation
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...