Essayer OR - Gratuit
Dollar declines further as bets mount on Fed rate cuts
Gulf Today
|December 04, 2025
The dollar headed for its ninth straight decline on Wednesday as traders ramped up bets on Federal Reserve rate cuts following US economic data and growing expectations for a more dovish central bank.
-
Fed Governor Christopher Waller said last week the labour market is weak enough to justify another quarter-point rate cut in December, while White House economic adviser Kevin Hassett emerged as the frontrunner to become the next Fed chair. US President Donald Trump said he would be announcing his pick as Fed chair early in 2026.
"Such an announcement, if it occurs this early, will create a 'shadow Fed chair' since current Fed Chair Powell's term does not end until May," said Kristina Hooper, chief market strategist at Man Group.
Cette histoire est tirée de l'édition December 04, 2025 de Gulf Today.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Gulf Today
Gulf Today
Maresca concerned as Atalanta fight back to beat Chelsea
Enzo Maresca admitted he was “worried” by Chelsea's slump after Atalanta’s 2-1 victory in the Champions League extended the Blues’ winless run to four matches on Tuesday.
1 mins
December 11, 2025
Gulf Today
Shruti Haasan talks about her undying love for 'The Night of the Hunter'
Actor-singer Shruti Haasan revisited one of her longtime cinematic obsessions as she shared a moment from the 1955 horror thriller cult classic \"The Night of the Hunter\" directed by Charles Laughton.
2 mins
December 11, 2025
Gulf Today
Leaders send condolences to Saudi King
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman Bin Abdulaziz of Saudi Arabia, on the passing of the mother of Prince Mishaal Bin Badr Bin Saud Bin Abdulaziz Al Saud.
1 min
December 11, 2025
Gulf Today
UAE marks Human Rights Day
The UAE is marking Human Rights Day, reaffirming its notable achievements in advancing and safeguarding civil, political, economic, cultural and social rights for all segments of society.
1 min
December 11, 2025
Gulf Today
Kerala Congress' expelled legislator gets reprieve in second rape case
A Kerala court has granted pre-arrest bail to expelled Congress legislator Rahul Mamkootathil in a second sexual assault case, offering temporary relief as investigations continue.
1 mins
December 11, 2025
Gulf Today
Man fined Dhs70,000 for damaging centre's device
The Abu Dhabi Family, Civil and Administrative Cases Court ordered an individual to pay Dhs70,000 in compensation to a medical centre.
2 mins
December 11, 2025
Gulf Today
Awareness campaign launched
Abu Dhabi Civil Defence, in collaboration with the Abu Dhabi Government Enablement Department, has launched the “Continuous Public Safety Awareness” initiative in conjunction with the UAE's “Year of Community.”
1 min
December 11, 2025
Gulf Today
Dom Art Projects launch expands the cultural infrastructure in Dubai
Dubai's cultural landscape has picked up momentum with the opening of a new private art institution, Dom Art Projects, on November 27, in Al Khayat Avenue, a growing hub in the Al Quoz Creative Zone.
4 mins
December 11, 2025
Gulf Today
ILT20 a big lift for Afghanistan ahead of T20 WC, says Nabi
Mohammad Nabi, the veteran Afghanistan all-rounder currently playing for Dubai Capitals in the ILT20, said the players' participation from his country in the competition is a key boost, citing that it's a platform to correct their errors made in the Asia Cup and serves as motivation to perform well ahead of next year's T20 World Cup.
1 mins
December 11, 2025
Gulf Today
Sharjah Police foil two drug smuggling operations
The Directorate of Prevention and Drug Control, representing the Sharjah Police General Command, thwarted a large-scale smuggling scheme led by an international network operating in four countries.
1 mins
December 11, 2025
Listen
Translate
Change font size