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US Dollar Slides as Fed’s Favorite Inflation Gauge Comes Below Expectations

US Dollar Slides as Fed’s Favorite Inflation Gauge Comes Below Expectations
The U.S. dollar, as measured by the DXY index, fell on Friday after U.S. PCE data showed that consumer spending and core inflation rose less than expected in May, giving the Fed cover to be less hawkish... Read More
Posted: Jun 30 2023, 13:00
Author Name: dailyfx
Views: 102689

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