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The Pips Kingdom

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27 Aug

What Powell’s dovish tilt and Ueda’s hawkish stance mean

The U.S. dollar slipped to a four-week low after Federal Reserve Chair Jerome Powell signalled that downside risks to employment were growing, fuelling expectations for a September rate cut. At the same time, Bank of Japan Governor Kazuo Ueda pointed to accelerating wage growth in Japan, reinforcing expectations that the BoJ may resume tightening by […]

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  • 3 months ago
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