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Turkey cenbank to restart cutting cycle with 250 bps move in July
By Ece Toksabay ANKARA, July 17 (Reuters) - Turkey's central bank is expected to kick off a renewed easing cycle with a 250 basis-point rate cut to 43.50% next week, as disinflation continues and market turmoil has largely faded, a Reuters poll showed on Wednesday. All but one of the 17 ec...Reuters
Thu, Jul 24
Australia's central bank says Fed independence is important
SYDNEY, July 24 (Reuters) - The head of Australia's central bank said on Thursday the U.S. Federal Reserve was acting properly to preserve its independence in challenging times by focusing on the economy.Answering questions after a speech on policy, Reserve Bank of Australia Governor Michele Bul...Reuters
Thu, Jul 24
RBA's Bullock: Monthly job numbers pop up and down
Reserve Bank of Australia Governor Michele Bullock said on Thursday that the US Federal Reserve (Fed) is preserving its independence in challenging times. Bullock added that monthly job numbers pop up and down, and the board would have made the same rate decision.Fxstreet
Thu, Jul 24
Japan's factory activity slips into contraction in July, PMI shows
TOKYO, July 24 (Reuters) - Japan's manufacturing activity slipped into contraction in July, weighed down by uncertainties over U.S. tariffs, a private-sector survey showed on Thursday.At the same time, Japan's service sector continued to outshine the struggling manufacturing industry, with a...Reuters
Thu, Jul 24
US Treasury Sec. Bessent says new Fed Chair nominee is likely to be announced in December or January
US Treasury Secretary Scott Bessent said on Thursday that the announcement of a new Federal Reserve (Fed) Chair nominee is expected to occur in December or January next year, per Bloomberg.Fxstreet
Thu, Jul 24
Australia's Judo Bank Manufacturing PMI improves to 51.6 in July, Services PMI rises to 53.8
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in July versus 50.6 prior, the latest data published by Judo Bank and S&P Global showed on Thursday.Fxstreet
Wed, Jul 23
Bessent says Fed forecasts 'politically biased'
Fed says politics plays no part in its decisionsBessent's charge of a political Fed echoes Trump'sTrump wants Fed to cut ratesWASHINGTON, July 23 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed economic ...Reuters
Wed, Jul 23
