Markets > Economy

US dollar falls ahead of the Federal Reserve's rate decision while gold prices rise

3 days ago   |   By Business Insider

Summary List Placement
The dollar index fell 0.2% on Wednesday, ahead of the outcome of a Federal Reserve policy meeting.
Analyst Jeffrey Halley said the weakness in the dollar reflected the expectation that the Fed's policy-setting committee "will be extremely dovish even if they upgrade their GDP forecasts."
Gold rose 1% on a weekly basis helped by the fall in the dollar.
Visit Business Insider's homepage for more stories .
The US dollar fell on Wednesday, while gold rose and Treasury yields held steady, ahead of the Federal Reserve's meeting, which analysts said would likely show...
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UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants

UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants

4 days ago   |   By Business Insider

Jim Edwards
UK inflation hit a near five-year low in August, the Office for National Statistics said Wednesday. August's Consumer Price Index 12-month rate fell to 0.2% in August, down from 1% in July. The drop was partly fueled by the government's Eat Out to Help Out scheme, which slashed prices for dining out at restaurants and cafes, the ONS said. Visit Business Insider's homepage for more stories. UK inflation hit a near five-year low in August, in part thanks to a government scheme that cut the price of dining out. The Office for National Statistics said the Consumer Price Index...
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UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants

UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants

4 days ago   |   By Business Insider

Summary List Placement
UK inflation hit a near five-year low in August, the Office for National Statistics said Wednesday.
August's Consumer Price Index 12-month rate fell to 0.2% in August, down from 1% in July.
The drop was partly fueled by the government's Eat Out to Help Out scheme, which slashed prices for dining out at restaurants and cafes, the ONS said.
Visit Business Insider's homepage for more stories .
UK inflation hit a near five-year low in August, in part thanks to a government scheme that cut the price of dining out.
The Office for National Statistics said the Consumer Price...
Read more ...

 


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