Bloomberg Business

Dollar to Keep Cooling Down No Matter How Hot US Inflation Runs

Currency traders may be looking forward to a far more relaxed time than other markets counterparts around Wednesday’s US inflation data amid expectations that any upside in price pressures would fail to sustain gains in the dollar.

Fed Officials Signal Divide Over Whether to Hike Rates Again

Federal Reserve officials sounded divergent notes about the central bank’s next policy move, with one of its top officials suggesting another rate increase may be needed to quell inflation and its newest policymaker signaling a pause may be in order.

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