The impending interest rate cuts to be made by the Fed are "in line" with International Monetary Fund advice that has put a premium on making sure inflation was controlled but now sees risks shifting toward the labour market, IMF economic counsellor Pierre-Olivier Gourinchas said on Friday.

IMF's Gourinchas supports US rate cuts but warns inflation risks remain

Global stocks continue their bull run on Friday amid Labour's landslide victory in the UK. The optimism is further fuelled by anticipation of US rate cuts ahead of key jobs data to be released later in the day.

Global stocks hit record highs amid UK election results

Just as the US Federal Reserve announced an emergency rate cut over after fears of the coronavirus swept the Wall Street stocks, US President Donald Trump the US regulator must further ease rates.

Federal Reserve must further ease rates, we are not playing on a level field

Asian shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence.

Asian shares fall as bets off on sharp US rate cuts

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IMF's Gourinchas supports US rate cuts but warns inflation risks remain

Global stocks hit record highs amid UK election results

Federal Reserve must further ease rates, we are not playing on a level field

Asian shares fall as bets off on sharp US rate cuts