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Markets / The Economic Times

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Dollar braces for crucial December with Fed meeting, Powell's successor pick

Global markets began December with caution as investors awaited the Federal Reserve's potential final rate cut and a new Chair. The yen strengthened on positive Japanese economic data, with speculation rising about a Bank of Japan rate hike. Meanwhile, the dollar weakened amid expectations of U.S. monetary easing, impacting other currencies and cryptocurrencies.

1 Dec 2025 7:30 am