Federal Reserve Collins: A further rate cut in December is under consideration, but not yet finalized
According to Jinshi reports, Federal Reserve Collins stated: A further rate cut in December is clearly under consideration, but it has not been finalized yet. Currently, there are no signs of price pressure and more data will be released before December. We will have to continue evaluating a reasonable interpretation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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All three major U.S. stock indexes closed higher, reaching new record highs.
The US Dollar Index rose by 0.49%, closing at 97.349.
The Dow Jones Index closed up by 123.92 points, with both the S&P 500 and Nasdaq also rising.
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