Fed rate-cut signal sends stocks up, bond yields and dollar down | Reuters

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World stock markets rose on Thursday after the U.S. Federal Reserve signaled it was likely to cut interest rates next month. The dollar fell and benchmark bond yields dropped to multi-year lows.

The Fed on Wednesday suggested rate cuts might start as soon as next month, saying it was ready to take action in the face of growing economic risks.

Source: Fed rate-cut signal sends stocks up, bond yields and dollar down – Reuters

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