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News 2026-09-30 12:54 UTC

Dollar Slips as Inflation Data Eases Fed Rate Concerns

The dollar index slipped to 101.1 on Wednesday as softer-than-expected inflation reinforced expectations that the Federal Reserve may leave interest rates unchanged in October. The headline PCE price index rose 0.3% mom, while core PCE, excluding food and energy, increased 0.2%. At the same time, consumer spending rema