Economic News, Powell quashes negative rates
May 14, 2020
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Dollar holds advantage as Powell quashes negative rates, data in focus

By Administrator_India Capital Sands The dollar held onto gains against major currencies on Thursday after U.S. Federal Reserve Chairman Jerome Powell dismissed speculation that policymakers will adopt negative interest rates. The Australian dollar was under pressure before closely-watched data on the jobs market, which may help determine how much more monetary and fiscal easing is […]