Dollar recovers as traders scale back bets of big Fed rate cut | Republic World

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Published 14:59 IST, September 9th 2024

Dollar recovers as traders scale back bets of big Fed rate cut

Markets fully price in a 25 bps rate cut next week and a roughly 25% chance of a bigger, half-point move.

Republic Business
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Reported by: Thomson Reuters

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Dollar rises as Powell's cautious tone delays rate cut bets

Dollar recovers as traders scale back bets of big Fed rate cut | Image: Freepik

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14:59 IST, September 9th 2024