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Asian Equities Rise as Powell Reaffirms Rate Cuts: Markets Wrap

(Bloomberg) -- Equities in Asia rose Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this year. Most Read from BloombergKim Jong Un Faces Annihilation in Most Korea War ScenariosApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesTSMC Facilities to Resume Production Overnight After QuakeA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterAustralian s...
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Source: yahoo.com

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Fed has time to mull rate cut in face of 'less encouraging' data, Barkin says

The U.S. central bank has time for the clouds to clear on inflation before starting to cut interest rates, Richmond Fed President Thomas Barkin said on Thursday, comments that endorsed a careful... -April 04, 2024 at 12:03 pm EDT - MarketScreener
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