Dollar edges down against yen after uptick in US inflation

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NEW YORK :The U.S. dollar edged lower against the yen on Thursday after data showed a higher-than-expected rise in U.S. inflation in September even though prices were on a downward trend, allowing the Federal Reserve to keep cutting interest rates. Labor Department data on Thursday showed that the consumer price index increased 0.2 per cent in September. In the 12 months through September the CPI climbed 2.4 per cent, which was the smallest year-on-year rise since February 2021. The greenback

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Dollar edges down against yen after uptick in US inflation https://www.channelnewsasia.com - 10.10.2024 16:53
Dollar edges down against yen after uptick in US inflation https://www.channelnewsasia.com/ - 10.10.2024 09:04

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Dollar edges down against yen after uptick in US inflation https://www.channelnewsasia.com - 10.10.2024 16:53
Dollar edges down against yen after uptick in US inflation https://www.channelnewsasia.com/ - 10.10.2024 09:04