The dollar gained on Tuesday after Federal Reserve Chair Jerome Powell acknowledged progress in inflation, but did not give a clear signal that the U.S. central bank is close to cutting interest rates. Powell said that inflation “remains above” the U.S. Federal Reserve’s 2% target, but has been...
https://www.hellenicshippingnews.com/dollar-gains-as-feds-powell-cautious-on-rate-cuts/