US Dollar weakens as disinflation fears grow
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#4a419ef3 ver:0.34
The US dollar weakens as disinflation fears grow, reaching lows not seen since April. Signs of disinflation in the US economy have increased market confidence in a rate cut by the Federal Reserve in September. Low inflation numbers and anticipation of Jerome Powell's speech further amplify the likelihood of a rate cut. The CME FedWatch Tool shows a high probability of a 25 basis point rate cut. The value of the US dollar is influenced by the decisions of the Federal Reserve. #USD #disinflation #ratecut #FederalReserve...
#newstr #UsDollar #Disinflation #RateCut #FederalReserve #Inflation #JeromePowell
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