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Powell still sees rate cuts this year, ECB enters the spotlight

Powell still sees rate cuts this year, ECB enters the spotlight

Global Market Insights - Forex, Futures, Stocks

March 7, 20244m 33s

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Powell says it may be appropriate to lower rates this year. Yen rallies as speculation about BoJ exiting negative rates intensifies. BoC appears less dovish than expected, central bank torch goes to ECB. Wall Street rebounds, gold hits a new record high.

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