Wednesday, July 31, 2019

Fed cuts rates, signals it may not need to do more

Fed cuts rates, signals it may not need to do more Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs

from Moneycontrol Business News https://ift.tt/2GF16xf

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...