Yen edges up as traders push back Fed rate hike bets

Yen edges up as traders push back Fed rate hike bets  Reuters

Beth Hammack, one of three dissenters at the Fed's July meeting, says inflation must return to 2% faster than the current path allows

A duo of softer inflation reports this week is prompting investors to expect that the Federal Reserve won’t hike interest rates at its next meeting in September. The consumer price index — the most closely watched inflation gauge — and the producer price index were released this week, and both showed inflation coming d

TOKYO, Aug 13 : The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight spurred traders to pare back bets for a near-term Federal Reserve interest rate hike.The greenback was little changed against the yen as of Asia's midday, but remained on course to gain about 1 per cent thi

Gold prices have been volatile in 2026, but a recent rally shows renewed investor interest amid tamer inflation data and changing Fed rate expectations.

A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.

The Bank of Korea should keep raising interest rates after its first hike in more than three years, as strong growth and persistent inflation outweigh recent stabilization in the won and stock market, a senior central bank official said Tuesday. "Looking ahead, growth is expected to remain solid on the back of unpreced