Sterling Wavers as Markets React to Reported Israeli Attack on Iran on Nostr: US Dollar Weakens as Inflation Recedes, Fed Rate Cut Expectations Rise ...
US Dollar Weakens as Inflation Recedes, Fed Rate Cut Expectations Rise
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#6e48c64f ver:0.89
The US dollar weakens as inflation recedes, increasing expectations of a Fed rate cut. The dollar edged lower in early European trade, while the yen traded lower and the Chinese yuan edged higher. Data showing subdued inflation in the US solidifies expectations of interest rate cuts, with fed funds futures raising the chances of easing in September to around 67%. The euro also saw a slight increase. #USD #inflation #Fed #ratecut...
#newstr #UsDollar #Inflation #FederalReserve #PcePriceIndex #Yen #JapaneseCurrency #ChineseYuan
https://here.news/story/6e48c64f?ver=0.89
===============
#6e48c64f ver:0.89
The US dollar weakens as inflation recedes, increasing expectations of a Fed rate cut. The dollar edged lower in early European trade, while the yen traded lower and the Chinese yuan edged higher. Data showing subdued inflation in the US solidifies expectations of interest rate cuts, with fed funds futures raising the chances of easing in September to around 67%. The euro also saw a slight increase. #USD #inflation #Fed #ratecut...
#newstr #UsDollar #Inflation #FederalReserve #PcePriceIndex #Yen #JapaneseCurrency #ChineseYuan
https://here.news/story/6e48c64f?ver=0.89