ISTANBUL: Commodity markets saw sharp rises last week as expectations for an interest rate cut by the US Federal Reserve increased.

Non-farm payrolls in the US exceeded expectations, having increased by 206,000 people in June, affecting the prices.

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ISTANBUL: American consumers’ one-year ahead inflation expectation fell in June, according to a survey released Monday by the Federal Reserve Bank of New York.

The median one- and five-year ahead inflation expectations both dropped 0.2 percentage poi…

ISTANBUL: The US is committed to boosting economic connectivity, development, and opportunity across the Pacific region, said Treasury Secretary Janet Yellen.

“A strong and connected Pacific region has benefits for the United States and for the globa…