Tag: Economic updates
Dollar Index Awaits Inflation Data & Powell’s Testimony – London Business News
The U.S. Dollar Index (DXY) has been holding steady around the 108.00 level, with investors eagerly anticipating the release of U.S. inflation data and the continuation of Jerome Powell’s testimony before Congress. As the...
US Inflation Surges: Impact on London Business – Latest News
Inflation in the United States is on the rise, with annual inflation hitting 3.0% in January, up from 2.9% the previous month. Month-on-month inflation also saw an increase, climbing to 0.5% from 0.4% in...