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The dollar index held above 102 on Thursday, remaining near its strongest level since April 2025 as the latest FOMC minutes pointed to a hawkish stance among policymakers amid persistent inflation risks. Minutes from the Federal Reserve’s September meeting showed that all 19 policymakers supported the September rate hi
U.S. annual inflation was unchanged at 3.4% in August, matching expectations, while core inflation eased to 2.4% year over year. The monthly CPI rose 0.4%, with gasoline the biggest driver.