Dollar slips as US inflation data backs September rate cut

Business

NEW YORK :The dollar fell across the board on Tuesday after data showed that U.S. consumer prices increased moderately in July, leaving intact the case for a Federal Reserve interest-rate cut next month. The consumer price index rose 0.2 per cent last month after gaining 0.3 per cent in June, the Labor Department's Bureau of Labor Statistics said on Tuesday. In the 12 months through July, the CPI advanced 2.7 per cent after rising 2.7 per cent in June. Economists polled by Reuters had forecast

Tag-uri: Inflatie

Dollar slips as US inflation data backs September rate cut https://www.channelnewsasia.com/ - 12.08.2025 23:21
Dollar eases as US inflation data keeps September rate cut on table https://www.channelnewsasia.com/ - 12.08.2025 17:18

din zilele anterioare

Dollar slips as US inflation data backs September rate cut https://www.channelnewsasia.com/ - 12.08.2025 23:21
Dollar eases as US inflation data keeps September rate cut on table https://www.channelnewsasia.com/ - 12.08.2025 17:18