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US Dollar to Weaken, but Fed Rate Cuts Are Required, Say Strategists
US News & World Report· 3 days agoAt the beginning of the year, forecasters and financial markets had predicted the U.S. Federal Reserve would have cut rates at least once by now. With latest interest rates futures pricing showing ...
Bank of Canada Should Opt for Cautious Rate Cuts, Economists Say
US News & World Report· 1 day agoThe Bank of Canada will need to play very safe in its easing cycle, despite widespread expectations of an immediate July rate cut, and take a much slower path due to the high
ECB Cuts Rates, Keeps Next Move Under Wraps
US News & World Report· 2 days agoThe ECB lowered its record-high deposit rate by 25 basis points to 3.75%, joining the central banks of Canada, Sweden and Switzerland in starting to unwind ...
Dollar Finds Footing as Traders Turn to US Services Data
US News & World Report· 3 days agoThe dollar steadied on Wednesday as traders pared back on riskier bets in emerging markets while waiting on an interest rate decision in Canada and on U.S. services data. The Swiss franc and ...
Campbell Soup Lifts Annual Net Sales Forecast as Demand Recovers
US News & World Report· 3 days agoBoth volumes and price realization in the third quarter were flat, compared with a 2% drop in volumes and a 1% rise in prices in the preceding quarter. Campbell expects annual net sales growth ...
How Long Will Interest Rates Stay High?
GoBankingRates via AOL· 6 days ago5% by the end of 2024 and fall below 6% by the end of 2025. Mortgage...spectrum you fall on — whether you are trying to sell your home or buy a new one —...
ECB Delivers Its First Rate Cut in Five Years
US News & World Report· 2 days agoIt lowered its record-high deposit rate by 25 basis points to 3.75%, but raised its inflation forecast for this year and the next. The ECB stressed any ...
