The dollar weakened in early Asian trade as investors, awaiting U.S. labor data, reacted to private surveys indicating job cuts. This fueled expectations of a Federal Reserve rate cut, despite caution ...
Central banks in big economies are nearing the end of their rate-cutting cycles, though some, like the U.S. Federal Reserve and Bank of England - which were more cautious earlier in the year - have ...
The Bank of England left rates on hold this month at 4.0%, but the tone of the meeting was unmistakably dovish. The 5–4 vote ...