Tag Archives: rate cut

Gold price was higher on Tuesday following two sessions of declines with support from a weaker US Dollar even as bond yields climbed.  Wall Street’s major indexes lost ground as investors grew concerned again that the Federal Reserve would keep interest rates higher for longer as fears of further banking …

JPMorgan expected the price of Brent crude to rise again towards levels of $100 a barrel, with supply shrinking in the coming months. And the US bank said in a note last week that Brent crude will record levels of $ 101 a barrel in the fourth quarter and $ …

The Federal Reserve could be forced to cut interest rates in 2023 if a deep recession occurs, according to JPMorgan. This would be a turnaround move by the Fed, considering it has aggressively raised rates in 2022.Potential rate cuts from the Fed would help backstop the stock market in the …

Turkey’s lira dropped to a record low on Monday as a stronger U.S. dollar weighed on emerging market currencies, a After President Recep Tayyip Erdogan fired three central bank policymakers, the Turkish lira fell to a new record low against the dollar, with investors worried about the prospects of further …

Turkey’s lira dropped to a record low on Monday as a stronger U.S. dollar weighed on emerging market currencies, adding to bearish momentum on the lira since the central bank unexpectedly cut interest rates in September. In addition, the latest statements by President Erdogan concerning the elimination of threats from …