💨 Abstract
Following Trump's election win, the dollar edged lower on Thursday as investors anticipated Federal Reserve and other central bank policy decisions. The Fed is expected to cut interest rates by 25 basis points, with the market focusing on indications of a possible December rate cut skip. Last week's weaker-than-expected job report raised questions about labor market softness, but Trump's policies could potentially boost inflation.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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