Global Markets Rebound, Betting on Fed Rate Cuts

Global stock markets are experiencing a rebound, nearly reversing their November losses, as investors bet on Federal Reserve interest rate cuts. This optimism, driven by expectations of rate cuts and a potential pro-rate-cut official as the next US central bank chief, outweighs earlier concerns about AI company valuations. Meanwhile, Chinas property sector faces challenges, Bitcoin surpasses ninety-one thousand dollars, and the dollar continues to decline.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.