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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 ...
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 ...
USA Today12d
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.
No love for the dollar as markets fret about Fed independence
A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank ...
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
USA TODAY on MSN9d
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 ...
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, ...
US dollar hits fresh lows on report Trump considers naming next Fed chief early
The US currency dropped 0.4 per cent to 1.2728 per Singdollar as at 4.55pm, down 6.8 per cent for the year. Read more at ...
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 ...
European stocks muted as investors gauge US interest rate outlook
European stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the U.S.