Global stocks fall as Fed officials downplay imminent rate cut
Bond yield collapse boosts gold prices.
Nevil Gibson Wed, 26 Jun 2019
Global stockmarkets and bond yields continued to fall as US central bank officials reduced hopes of an imminent interest rate cut.
Federal Reserve Bank of St Louis president James Bullard, who is known for his vocal opposition to interest rate increases, said he believed it was too early for a
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).