After an ugly May, the stock market is on track for its best weekly gain since November of 2018, at least partly on the back of hope that the Federal Reserve will soon reduce interest rates to help buoy an economy being buffeted by a tariff battle and sluggish global growth.
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Not so fast — interest-rate cuts are not a done deal, experts at Fed conference sayNot everyone at the Fed conference in Chicago thinks the central bank is going to cut interest rates this year.
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Draghi says ECB could cut interest rates, if neededEuropean Central Bank President Mario Draghi on Thursday said it was incorrect to read the institution's forward guidance as biased toward an interest rate...
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Dow poised to extend powerful rally driven by hope of the Fed cutting interest ratesStocks on Wednesday are poised to extend a potent advance after Federal Reserve Chairman Jerome Powell implied that the central bank would cut borrowing...
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China's central bank is poised to cut interest rates amid trade war, economist saysThe People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a Bank of America Merrill Lynch economist on Wednesday.
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Four charts show how much China's economy has changed in 30 yearsAnyone who wants to understand the new, global assertiveness from Beijing would be well served to look at China's economic transformation since 1989.
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