Dollar Remains Near 19-Month High on Rate-Rise Prospects
The U.S. dollar eased slightly but remained near the 19-month high reached Thursday, supported by prospects of a Federal Reserve rate increase of as much as 50 basis points in December. The report cites higher-than-expected U.S. inflation and remarks from Fed Governor Christopher Waller.
The U.S. dollar eases slightly but remains near the 19-month high reached Thursday, supported by the prospect of the Federal Reserve raising interest rates by as much as 50 basis points in December. Higher-than-expected U.S. inflation data and remarks from Fed Governor Christopher Waller earlier in…