The major assets were all over the place on Wednesday as traders priced in their Fed rate cut biases, U.S. political updates, and top-tier reports from the U.K. and the U.S. In…
Category: Forex
Hotter U.S. Core Inflation Reduced The Odds Of A 50bps Fed Rate Cut
Data from the U.S. Bureau of Labor Statistics showed the U.S. headline inflation clocking in at 0.2% m/m in August, the same as July’s rates and analysts’ estimates. The annual headline inflation…