Breakfast briefing: US Fed rate cuts closer now - News Summed Up

Breakfast briefing: US Fed rate cuts closer now


In the US, their annual PCE inflation rate released over the weekend eased to 2.5% in June from 2.6% in May, in line with market forecasts. The Australian 10 year bond yield starts today at just under4.31%. The Kiwi dollar starts today marginally softer at just under 58.9 USc. That all means our TWI-5 starts today at 67.9 and unchanged from Saturday and near a two year low. The bitcoin price starts today at US$67,772 and up a +0.4% from this time Saturday.


Source: Stuff July 28, 2024 22:45 UTC



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