The dollar index rose 0.1% to 98.19 after President Donald Trump pledged security guarantees to Volodymyr Zelenskiy in any peace deal with Russia. The euro slipped to $1.1656 and sterling edged lower to $1.3501, while the yen strengthened slightly to 147.77 per dollar.

Dollar firms as Ukraine peace push and Fed expectations guide markets

Retail sales rose 0.5% in July, indicating solid consumer demand. Trump and Putin Alaska talks lacked substantial outcomes regarding Ukraine. Meanwhile, the euro and sterling gained against the dollar, and Bitcoin remained stable amid favorable regulatory sentiment.

Dollar weakens as Fed cut bets stay firm, Trump–Putin summit ends with no deal

Revised US jobs data revealed sharper labour market weakness than previously thought, strengthening the case for policy action. Markets now see a near-certain September Fed rate cut, with odds rising for a larger half-point move after soft inflation and weak jobs data.

Fed rate cut seen almost certain after July inflation data, Bessent signals

The US markets rally comes on the heels of a tamer-than-expected US inflation report earlier in the week, which bolstered hopes that the Federal Reserve will begin easing policy as soon as September.

Wall Street extends record run as Fed rate-cut bets build

Trump criticised Powell, calling for immediate rate cuts, and labelled the construction efforts as grossly incompetent. Although presidents cannot remove a Fed chair for policy disagreements, Trump legal team may pursue negligence or fraud claims related to the construction mismanagement.

Trump mulls lawsuit against Fed’s Powell over costly headquarters renovation

Trump conflicts with institutions, particularly the Fed, intensified market concerns. The dollar index fell to 98.08, while the yen and euro remained stable. Meanwhile, the pound rose slightly due to steady wage growth amid a weakening job market. 

Dollar slips as Fed rate cut bets grow amid Trump–Fed tensions

CPI is projected to climb 0.2%, down from June’s 0.3%. Factors include labour shortages in agriculture, shaped by deportations and tariffs. 

US inflation likely rose slightly in July as data quality concerns deepen

 Attention is on the CPI report due at 1230 GMT, with economists predicting a 0.3% rise. Market participants foresee an 85% chance of a Fed rate cut in September. Other precious metals like silver, platinum, and palladium also experienced gains.

Gold edges higher ahead of US inflation data as rate cut bets build

The dollar index remained at 98.497. Speculation of a September rate cut increased due to concerns over the labour market and expected core inflation rises. The greenback rose slightly against the yen while the euro remained unchanged. 

Dollar holds gains on Fed cut bets; RBA decision keeps Aussie in check

With Trump fresh tariffs adding uncertainty to inflation, the data will be key to gauging how consumer prices are responding. A packed economic calendar and multiple Fed speeches this week could shape market sentiment ahead of September’s policy meeting.

US Treasury rally pauses as markets brace for inflation test

Trump sacking of the US stats chief and fresh tariffs sparked chaos in currency markets, as investors brace for a Fed pivot amid a weakening labor market.

Dollar plunges as weak US jobs data fuels bets on Fed rate cuts

Crude prices slip after a brief rally, pressured by weak China and US demand data, looming US tariff hikes, and anticipated OPEC+ supply increases.

Oil prices slip as US tariff deadline, OPEC+ output hike loom

As Trump pushes for lower rates and inflation risks persist, Fed officials clash over July rate cut prospects, exposing deep policy divisions ahead of Powell’s testimony.

Fed divided on rate cuts as Trump pressure, tariff inflation complicate outlook

Fed Chair Powell flags inflation risks from Trump sweeping tariffs as growth slows and unemployment rises, complicating the path for US rate cuts in 2025.

Fed holds rates as Trump tariffs threaten inflation shock: What it means for your money

Business & Economy: The US Central Bank is set to keep rates on hold. However, the Fed is expected to take into account the real and perceived deepseek threat to markets.

Will deepseek-led tech rout lead to Fed rate cut?

Fed's rate cut sparks inflation concerns, market selloff

Chair Jerome Powell bluntly said the Fed's inflation forecast for the remainder of the year has "kind of fallen apart." After nearly four years of failure, officials now anticipate that inflation will take far longer to attain their 2 per cent objective.



Fed to cut rates once more before slowing the pace in 2025

Fed governor Waller emphasises caution in potential interest rate cuts

A surge in hiring offers Vice President Kamala Harris a fresh defense in her fight with Donald Trump over the economy. This comes as the pair jockey to frame their visions in the home stretch of the campaign. At the same time, traders slashed their bets on the pace of future federal reserve interest-rate cuts. September US employment data blew past estimates and signaled a robust hiring trend.

US Jobs Data Rips Up Big Fed Rate Cut Bets

Powell suggests Fed could have cut rates at July meeting

Trump and Harris seek political advantage from Fed rate cut

Fed's potential 50-basis point’s rate cut: Analysts weigh in on economic implications

Bond traders bet big on bold fed rate cuts

fed-rate-cut

Fed Rate Cut, News on Fed Rate Cut, stories on Fed Rate Cut, articles on Fed Rate Cut, Fed Rate Cut stories at Wion, Fed Rate Cut news, Fed Rate Cut latest news

fed rate-cut

Dollar firms as Ukraine peace push and Fed expectations guide markets

Dollar weakens as Fed cut bets stay firm, Trump–Putin summit ends with no deal

Fed rate cut seen almost certain after July inflation data, Bessent signals

Wall Street extends record run as Fed rate-cut bets build

Trump mulls lawsuit against Fed’s Powell over costly headquarters renovation

Dollar slips as Fed rate cut bets grow amid Trump–Fed tensions

US inflation likely rose slightly in July as data quality concerns deepen

Gold edges higher ahead of US inflation data as rate cut bets build

Dollar holds gains on Fed cut bets; RBA decision keeps Aussie in check

US Treasury rally pauses as markets brace for inflation test

Dollar plunges as weak US jobs data fuels bets on Fed rate cuts

Oil prices slip as US tariff deadline, OPEC+ output hike loom

Fed divided on rate cuts as Trump pressure, tariff inflation complicate outlook

Fed holds rates as Trump tariffs threaten inflation shock: What it means for your money

Will deepseek-led tech rout lead to Fed rate cut?

Fed's rate cut sparks inflation concerns, market selloff

Fed's rate cut sparks inflation concerns, market selloff

Fed to cut rates once more before slowing the pace in 2025

Fed governor Waller emphasises caution in potential interest rate cuts

US Jobs Data Rips Up Big Fed Rate Cut Bets

Powell suggests Fed could have cut rates at July meeting

Trump and Harris seek political advantage from Fed rate cut

Fed's potential 50-basis point’s rate cut: Analysts weigh in on economic implications

Bond traders bet big on bold fed rate cuts