US Dollar Comes Back Better Bid
Marc Chandler
February 15, 2023
Overview: Although the US January CPI was in line with
expectations, the year-over-year rate was a little firmer than expected. Still, the measure that Fed Chair Powell has underscored, core services, excluding shelter, moderated with a 0.3% month-over-month gain. US rates shot up and this lent
the dollar support, while weighing on equities and ri…
US Dollar Comes Back Better Bid
Reviewed by Marc Chandler
on
February 15, 2023
Rating:
