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Dollar edges higher amid pandemic concerns, U S inflation in focus
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Dollar Edges Higher Amid Pandemic Concerns, U S Inflation in Focus
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Dollar edges higher amid pandemic concerns; U S inflation data eyed
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US dollar edges lower as risk appetite returns
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Other countries are loathe to raise interest rates because their economies still need the stimulus.
Econ Talks: Skills shortages emerge as net migration remains low, with more government policy changes to come. (Published June 4, 2021) On Wednesday night, the US Federal Reserve indicated inflation risks were to the upside, but it still “generally expected inflation to ease” once a few transitory factors had let up. The European Central Bank also gave itself a little more inflationary headroom, raising its inflation target to 2 per cent. But all countries including New Zealand have been feeling the heat of global supply chain problems which have pushed freight costs rise skywards and made imports more expensive.