News list for " says despite"

The Dutch bank ING said that while a recession is unlikely, the dollar will face further declines as the Federal Reserve is likely to cut interest rates in response to upcoming weak U.S. economic data, which will reduce the inflow of safe-haven funds. Weak U.S. data and a Fed response will lead to a steeper yield curve, along with a rise in risk appetite and a weaker dollar, compared to a recession and a lack of Fed response, analyst Chris Turner said in a report. The Fed is likely to meet at th...

2024-08-08 12:26:56