The dollar index has been on falling since the start of the week from its recent highs and is seen extending downside on Thursday despite a higher than expected US inflation reading. Hawkish tone by ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Recent US inflation data came in stronger than expected, with the headline US Consumer Price Index (CPI) rising 0.5% MoM (vs. a 0.3% forecast) and the core US CPI jumping 0.4% (exceeding expectations) ...