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Dollar Rally Risks Running Out of Steam

(Bloomberg) -- The dollar’s recent rally is at risk of stalling as cooling US price pressures and China’s recovery give traders a reason to sell.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlySlovak Premier Fighting for Life After Assassination AttemptXi Tells Putin China-Russia Ties Should Last ‘Generations’US Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Pro...
United States Loretta Mester Mingze Wu Bloomberg Businessweek Thomas Barkin Michael Barr
Source: yahoo.com

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Barkin Says Fed Needs 'Little Bit More Time' to Lower Inflation

(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US central bank needs to keep borrowing costs elevated for longer to lower inflation to its 2% target, citing higher prices in the services sector.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40...
Bloomberg Businessweek Thomas Barkin Bloomberg Federal Reserve Bank Bureau Of Labor Statistics Reserve Bank Richmond President Thomas Barkin
Source: yahoo.com

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