Inflation in the U.S. rose to 9.1 percent year-on-year in June, a new 40-year high, and also exceeded forecasts. The U.S. dollar initially reacted by rising as markets may be expecting more decisive action from the Federal Reserve.
Inflation in the U.S. rose to 9.1 percent year-on-year in June, a new 40-year high, and also exceeded forecasts. The U.S. dollar initially reacted by rising as markets may be expecting more decisive action from the Federal Reserve.