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RSS FeedsU.S. dollar steady as case for Fed`s pause solidifies
(WorldNews Business)

 
 

13 november 2019 17:31:31

 
U.S. dollar steady as case for Fed`s pause solidifies
(WorldNews Business)
 


NEW YORK — The U.S. dollar was stable on Wednesday after October consumer price inflation was greater than expected and Federal Reserve Chair Jerome Powell offered an optimistic outlook for the economy, further solidifying the case for the central bank to pause its monetary easing cycle. Expectations for an interest rate cut do not rise above 30% before July 2020, according to CME Group’s FedWatch tool. And the...


 
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