Dollar edges higher as Fed rates view sets direction

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NEW YORK :The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S. Federal Reserve compared with other global central banks continued to command market direction. The greenback has jumped more than 7 per cent since the end of September, powered in part by growing expectations the U.S. economy will see accelerated growth under policies from President-elect Donald Trump, while sticky inflation has dampened expectations on how

Tag-uri: Inflatie Donald Trump

Dollar edges higher as Fed rates view sets direction https://www.channelnewsasia.com/ - 24.12.2024 20:42

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Dollar edges higher as Fed rates view sets direction https://www.channelnewsasia.com/ - 24.12.2024 20:42