Dollar near one-month low as cooling inflation curbs Fed hike bets

πŸ‡ΈπŸ‡¬ Channel NewsAsia (SG) —
Dollar near one-month low as cooling inflation curbs Fed hike bets

AI Summary

The US dollar has reached a near one-month low as cooling inflation reduces expectations for Federal Reserve interest rate hikes. Market participants are adjusting forecasts based on the latest economic data.

World Politics Markets US dollar inflation Federal Reserve interest rates market sentiment

Read original source →