Business Daily News Zimbabwe
The S&P 500 has sputtered to a report high close, rebounding from a quick setback after Federal Reserve chair Jerome Powell stated the US central financial institution is in no hurry to implement further interest rate cuts. The ASX200 dropped 0.7 per cent, snapping a three-day win streak after Fed chairman Jerome Powell stated the US central bank was in no rush to cut rates of interest. New Zealand’s central financial institution cuts rates by zero.5 percentage points, and economists say more cuts are coming. A new report says August rental rates fell in some of Canada’s largest and priciest markets to proceed a months-long development while prices rose in smaller markets. FTX received courtroom approval of its chapter plan on Monday, which can enable it to totally repay clients utilizing up to US$16.5 billion in property recovered since the once-leading crypto trade collapsed. Consumer confidence, …