Branch² Intelligence
Dollar struggles as softer inflation dims Fed hike bets
Key takeaway
US CPI came in softer, reducing Fed rate hike expectations.
- Step 1softer US CPI reduces market expectations for Fed rate hikes
- Step 2the dollar weakens and bond yields fall as the market reprices the rate path
- Step 3US SMEs with floating-rate debt see lower interest costs, and importers benefit from a weaker dollar
Source: IN:Economic Times
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