Dollar retreats as US inflation data eases rate hike expectations
Inflatie
NEW YORK, June 25 : The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation softened expectations for rate hikes from the Federal Reserve this year. The Commerce Department said the personal consumption expenditures price index (PCE) surged 4.1 per cent in the 12 months through May for the largest increase and the first reading above 4.0 per cent since April 2023, but it matched expectations of economists
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