The rupee extended its losses on Wednesday as the dollar strengthened after Federal Reserve Governor Lael Brainard said the US central bank needs to act and take inflation head-on.
CANBERA (dpa-AFX) - The Japanese yen depreciated against its major rivals in the European session on Wednesday, amid a growing policy gap between the U.S. Federal Reserve and the Bank of Japan.Fed
TDF yields mixed on hawkish Fed, Samurai bond issuance bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
U.S. consumer inflation hit another four-decade high in March when it reached 8.5% in large part on gasoline prices surging to a record, but the data sported enough soft spots for some Wall Street pundits to declare “peak inflation” was at hand. The Federal Reserve certainly hopes it is. Officials there are banking in fact .