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The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent international reserve currency, making credit dearer rather than cheaper.
When calculated using U.S. Labor Department methodology, Canada's unemployment rate was 0.1 point lower at 5.7%. The jobless rate in the U.S. also fell 0.1 point in June to 4.1%, though compared with ...
ECB Official Sets High Bar for Another Rate Cut; Waller Says Call for Lower Rates Isn't Political By Roshan Fernandez ...
Geopolitics, trade tensions, and diverging central bank policies drive currency volatility, strengthen USD, weaken Euro, and shape investor positioning.
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