Stronger Inflation Data Fails to Lift Dollar; Yen's Decline

Stronger Inflation Data Fails to Lift Dollar; Yen's Decline Persists

Dollar remains stable in early US session despite release of another set of persistently high inflation figures. The strong rebound in DOW futures suggest that investors are somewhat relieved to see no disastrous surge in inflation rates. Additionally, robust spending growth appears set to continue bolstering the US economy, even as Fed is set to maintain higher interest rates for an for much longer.

Related Keywords

Tokyo , Japan , Australia , Germany , Hong Kong , Canada , Michigan , United States , United Kingdom , Switzerland , Shanghai , China , Aussie , Swiss , Canadian , Japanese , Kazuo Ueda , Thomas Jordan , Food Energyyy Apr , Sterling , Japanese Yen , Boj Governor Kazuo Ueda , Swiss Franc , China Shanghai , Singapore Strait Times , President Thomas Jordan , Fresh Food , Consumer Sentiment Index Apr ,

© 2025 Vimarsana