owing costs, per Reuters. Key quotes We should not at this point be thinking about any increases “Says again that interest rate hikes are likely over, sees inflation ebbing.
” “In the absence of some turn in the data the Federal Reserve should hold rates steady.” “Fed should not be considering more rate increases” Market reaction At the time of writing,the US Dollar Index is trading near 106.25, holding higher while adding 0.05% on the day.
Source: Financial Digest (financialdigest.net)
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