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Rupee helped by dip in US yields, while election uncertainty weighs

Rupee helped by dip in US yields, while election uncertainty weighs
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Fed Officials Say Three Rate Cuts a Reasonable Baseline for 2024

(Bloomberg) Two Federal Reserve officials who vote on monetary policy decisions this year said they still expect the US central bank to cut rates three times in 2024, though they’re in no rush to begin lowering borrowing costs.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales Miss by the Most Ever in Brutal Blow for EVsIran Vows to Punish

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Fed to Begin Rate Cut Discussions But Avoid Teeing First One Up

(Bloomberg) Federal Reserve Chairman Jerome Powell and his colleagues could be forgiven if they’re feeling a bit like parents on an extended road trip with their children.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionChina’s $6.3 Trillion Stock Selloff Is Getting Uglier by the DayMusk’s AI Startup Secures $500 Million Toward $1 Billion Funding GoalBurger King Is Serving Whoppers With a Side of CringeFord Cuts Workforce Making Electric F-150s on Weak Dem

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Fed s Daly set to speak on Fox Business

Comments from Daly coming up

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Fed Officials Say Data Doesn t Show It s Time for a Rate Cut Yet

(Bloomberg) Three Federal Reserve officials on Friday emphasized that incoming data will guide their decision on when to cut interest rates, and made clear they haven’t seen enough evidence yet to begin easing.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionS&P 500 Hits All-Time High in Historic Bull Run: Markets WrapFord Cuts Workforce Making Electric F-150s on Weak DemandYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixChina’s $6.3

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