Tech stocks drag, dollar plumbs lows on rate cut expectations

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NEW YORK :Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later this week that is expected to usher in a hotly anticipated easing cycle. Expectations have grown that the Federal Reserve could cut interest rates by as much as half a point in a bid to keep the economy on course for a soft landing, while managing slowing jobs growth and moderating inflation. The Fed will announce its

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US stocks mixed, dollar weak on rate cut expectations https://www.channelnewsasia.com - 16.09.2024 20:53
US stocks mixed, dollar weak on rate cut expectations https://www.channelnewsasia.com/ - 16.09.2024 11:02
Tech stocks drag, dollar plumbs lows on rate cut expectations https://www.channelnewsasia.com/ - 16.09.2024 11:02

din zilele anterioare

US stocks mixed, dollar weak on rate cut expectations https://www.channelnewsasia.com - 16.09.2024 20:53
US stocks mixed, dollar weak on rate cut expectations https://www.channelnewsasia.com/ - 16.09.2024 11:02
Tech stocks drag, dollar plumbs lows on rate cut expectations https://www.channelnewsasia.com/ - 16.09.2024 11:02