US dollar mostly flat as market mulls inflation outlook

US dollar mostly flat as market mulls inflation outlook

May 19, 2024 / Sarkiya Ranen /



THE US dollar retreated against major currencies on Friday (May 17) as market speculation continues to swirl about the timing of Federal Reserve interest rate cuts amid signs of cooling yet persistent inflation and a softening US economy.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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