<p>Cleveland Fed President Loretta Mester said she doesn’t support using negative rates as a monetary policy tool in the US. She noted, “the effects on the banking system an
<p>AUD underperformed among the major currencies against the USD from 27 to 28 July 2023 ex-post FOMC, ECB, and BoJ. Split view among economists and interest rates traders on RBA monetary policy
The Nikkei closes near the lows for the day The Hang Seng is down by 1.3% while the Shanghai Composite is down by 0.7% currently. Meanwhile, US futures are still keeping lower by about 0.4% to start t
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