Rate Cut

Wall street muted after Fed’s 25 bps cut, expect two cuts by year-end

The U.S. Federal Reserve made its first interest rate cut of the year, lowering the federal funds rate by 25 basis points. In an 11:1 vote that signaled less dissent...

Gold hits record high, Dollar weakens on rate outlook

Asian stocks edged higher while the dollar lurked near five-week lows and gold climbed to a record high on Tuesday, as investors girded for a slate of economic data this...