Dollar steady ahead of inflation data and the Fed rate decision - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com7 months ago
The dollar index remained above 105 points as investors await the US inflation data release and Federal Reserve interest rate decision.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/dollar-steady-ahead-of-inflation-data-and-the-fed-rate-decision/
Stronger-than-expected US employment data led to three consecutive sessions of gains for the greenback, reducing bets on Fed rate cuts.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/dollar-steady-ahead-of-inflation-data-and-the-fed-rate-decision/
Market focus could shift to the US Consumer Price Index expected to ease slightly, influencing the dollar and Treasury yields if below market consensus.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/dollar-steady-ahead-of-inflation-data-and-the-fed-rate-decision/
Federal Reserve likely to maintain rates, but attention on economic forecasts, dot plot, and Powell's insights for hints on future rate adjustments.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/dollar-steady-ahead-of-inflation-data-and-the-fed-rate-decision/
Read at London Business News | Londonlovesbusiness.com
#dollar-index #us-inflation-data #federal-reserve-rate-decision #consumer-price-index #interest-rate-forecasts
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