The ASX200 is set to open 0.2% lower today, despite all three US bourses ending green on Monday, after comments from US Federal Reserve chair Jerome Powell acknowledged the possibility of further rate cuts this year. The S&P 500 closed at a record high, registering an increase of 0.4%, while the Nasdaq gained the same, and the Dow Jones closed slightly higher. Speaking at the National Association for Business Economics, Powell stated that the Fed doesn’t follow a preset path, but he indicated that two quarter-point rate cuts were still possible this year. On the ASX, Qatar Airways is set to ta…
