Asia stocks gain, dollar droops as Fed chair sets stage for rate cut
Thursday, 11 July 2019 (
5 days ago)
Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair
Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.
Credit: The Street - Published
6 days ago < > Embed
The Federal Reserve Chairman Jerome Powell is set to testify in front of the House Financial Services Committee Wednesday, and there are three things in particular investors should look out for. Rate Cut Indications During the hearing, investors should listen closely to any words Powell uses that... What to Listen For When Fed's Powell Testifies 01:19
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Asia stocks rise, dollar sags as Fed chair sets stage for rate cut Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. Reuters 5 days ago
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