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Treasury secretary, and you have sat in jerome powell's office to make the decisions that he about to make, and the jobs report out today, and how do you think that is going to impact his decision of when to cut the interest rates? >> so, i won't comment on what the fed should do or is likely to do. i think that the path of the labor market and the economy and the labor market have made a set of good decisions, and we will get more inflation data if it is staying down is good for the fed, and something they will take into account in their future rate decisions. >> i am also sure they appreciat...

European stocks jumped Thursday at the open in a global rally after the US Federal Reserve indicated it will start cutting interest rates next year, and before decisions in Britain and the eurozone. "Having seen the Federal Reserve leave rates unchanged yesterday, it's now the turn of the Bank of England and ECB to follow suit, as well as try to navigate the messaging of when they expect to start cutting them."

GBP/AUD Outlook: Pound Australian Dollar Rate Weakens following UK Jobs Data

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