Traders Await US Inflation Data as Dollar Drifts and Yen Weakens
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#0265b35c ver:0.6

Traders await US inflation data as the dollar drifts and yen weakens. The Federal Reserve is expected to cut rates in September, with a possibility of another cut in December. US inflation data for April will be released on Wednesday, which will be crucial for the Fed's decision-making process. Markets are pricing in an 80% chance of a rate cut by September. The strength of the US dollar is closely tied to interest rates. #inflation #USD #Fed #interestrates...

#newstr #UsInflation #FederalReserve #CurrencyMarket #Yen 

 https://here.news/story/0265b35c?ver=0.6