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China Blasts U.S. for ‘Overreaction’ to Virus, Spreading Fear, Has not responded to the U.S.
Author: NinaJFXUbofyuah
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China Blasts U.S. for ‘Overreaction’ to Virus, Spreading Fear, Has not responded to the U.S.
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Greenback Soft on Uncertain Rate Hike Path after June
Central bank news captured the spotlight on Wednesday, with the FOMC minutes and the BOC meeting the major market movers. For the former, while policymakers basically affirmed a rate hike in June, the future rate path remained uncertain. Concerns over the US economic outlook were aggravated by the indications that the Fed’s balance sheet reduction might begin in as soon as later this year. By contrast, market sentiment was buoyed by BOC’s more upbeat comments on global and domestic growth developments.
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Greenback Soft on Uncertain Rate Hike Path after June