FED's hawkish signal on rates helped dollar rally hit 2-year high
Edited By WION Video Desk
Published: Dec 27, 2024, 05:40 IST | Updated: Dec 27, 2024, 05:40 IST
Thanks to a hawkish federal reserve forecast and a robust US Economy, the dollar reached a two-year high this week, putting it on track for its best quarter since 2016. Fresh data indicated that the fed's preferred measure of underlying inflation came in cooler than expected on Friday.
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