Dollar index holds below 102 mark ahead of crucial US inflation numbers
Mumbai, Oct. 14 -- The dollar index holds under 102 mark on Wednesday as caution prevails ahead of US inflation data. New York Federal Reserve President John Williams noted that while he maintains his view that one more rate hike may be appropriate this year, he does not foresee additional rate increases in 2027. Meanwhile, Fed Governor Christopher Waller said inflation expectations remained "well anchored." Further commentaries from Richmond Fed President Thomas Barkin and Fed Vice Chair for Supervision Michelle Bowman are expected later today. Moreover, geopolitical tensions remained a key focus as oil prices extended their gains amid escalating hostilities between Saudi Arabia and Iran-backed Houthi rebels, intensifying concerns over p...
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