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Fed-Favored Inflation Gauge Seen Rising Most in a Year

(Bloomberg) Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniZelenskiy Says 31,000 Troops Killed as Ukraine Seeks US Aid Decision Within MonthNorwegian Cruise Ship Halted at Mauritius Due to OutbreakJack Ma-Backed Ant Outbids Citadel Securities for Credit Suisse’s China JV

Fed-Favored Inflation Gauge Seen Rising Most in a Year

Flexibility, Quality, and Numbers: The Job Market Is More Than onTrack

US Dollar back under pressure despite empty Friday calendar

The US Dollar (USD) is closing this week’s performance at a loss. A correlation with the risk sentiment and the fact that equities had a very upbeat week makes it clear that the US Dollar does not thrive when there is a risk on tone present in markets.

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