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US dollar modestly higher as sticky inflation persists, yen hits 34-year low By Reuters – Beragampengetahuan
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose moderately on Thursday in choppy trading, as weaker-than-expected March U.S. producer prices did not relieve concerns about persistent inflation which has reinforced the belief that the Federal Reserve will delay cutting interest rates this year. Fed officials who spoke on Thursday also repeated the need for […]
The Nikkei 225 has hit a 34-year high. Rising inflation in the US may push back the US Fed’s plans to cut rates in the spring :: beragampengetahuan – Beragampengetahuan
By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) was up by 0.45%, while the S&P 500 (US500) added 0.57% on Wednesday. The NASDAQ Technology Index (US100) closed positive by 0.75%. Today, the US will release its monthly consumer price index (CPI) report. The overall CPI is expected to rise from 3.1% to 3.2% year-over-year. At the same time, core […]